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Can I report home office expenses incurred on a business that I am reporting on my personal tax return?

Can I report home office expenses incurred on a business that I am reporting on my personal tax return?
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IRFAN KHAN   wrote on : Mon Apr 18th,2011   Back to Article

Hi Which special form used for describing these percentage of expenses. Or we can describe on schedule c. Please explain little more. thankx for this information

Reply : infotaxsquare.com
 
Dear Irfan Khan,

Thanks for choosing InfoTaxSquare.com for your business needs. To claim  Business Use of Your Home you have the following choices:

  1. Form 2106 can be used but not recommended because the audit chances are too high.
  2. Recommended: Write a check for rent and deduct the portion for  the business area on schedule "C". But if you are filing for sole proprietor otherwise not.
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