Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Working from home and taxes..."
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous]Get recommendations from a friend and set up an appointment for a consultation. Should run a few hundred dollars at a reputable firm. If you google search IRS and home office deduction, you will find the IRS publication that addresses this. It has a flow chart that walks through questions and will tell you whether you qualify for the deduction. It isn't that easy. If you are using the room for anything else (even storage), then it isn't being used exclusively as a home office. Also, if you own your home, then you need to depreciate part of your home and it can cause problems later when you sell. Lots of my clients think it's a great idea and then they find out that either they don't qualify or the deductible amount isn't worth the hassle.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
