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indirect expenses
A home office deduction may be available to taxpayers who have an income producing activity. You must meet the exclusive and regular use tests and allocate expenses.
You can allocate indirect expenses to your business use percentage in addition to direct expenses. Alternatively, the IRS has allowed a safe harbor method of $5 per sq. ft. up to 300 sq. ft. resulting in a $1500 safe harbor deduction with no allocation.
If you believe you may qualify for a home office deduction please contact me and we can discuss the specifics of your situation to maximize your rightful deduction.







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