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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Any tips on what is tax deductible? DH will be working from home 100% soon in a bedroom we're using as an office.  I've heard certain things (Internet usage, electric bill percentage,etc) are tax deductible but want to know what receipts to save. Are things like a printer for him to use (company doesn't provide) something? Any tips are appreciated!!![/quote]

Internet usage certainly won't be if you're also using the same connection to hop on to DCUM[/quote]

He can do 100% but it will also be based on hours of work as well as pro rating certain things not solely used for his business.

With my daycare for instance. I can deduct a certain percentage of internet, phone, utilities, etc. I may use 100% of my home but I am not open 24 hours a day, and my internet, phone and utilities are also used for personal use obviously. So they do a time percentage thing. I have an accountant do my taxes. Anything he buys directly for business - office supplies like paper, ink for the printer, a printer itself, a computer, desk, etc is 100% deductible. [/quote]

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