Write off security system as home-office cost

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in Small Business Tax

Q: I just started a new sales job in which I'm required to keep valuable samples at home. So I have decided to install a pretty expensive home security system. Can I deduct that cost as a home-office expense? R.N.T, Springfield, Ill.

A: It depends. You may be allowed a home-office deduction for expenses attributable to storing inventory or product samples, including the cost of installing and maintaining a home security system. (See more on this topic on page 3.)

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