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Expand your home office deductions with ‘rooms method’

by on
in Small Business Tax Deduction Strategies

If your main workplace is your home, you may be able to deduct expenses attributable to the part of the home used for business purposes. Normally, these “everyday expenses” are personal and completely nondeductible, but you can deduct a portion based on the home’s percentage of business use. Strategy: Use the business percentage method that gives you the biggest deduction.

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