Can I take deduction for having my home office for my small computer repair business?
Posted on February 12th, 2010 by admin
This is for Tax Return 2009…I am so small that I have no other place do this…I make calls and look for potential clients and fix computer in my home office.
If this is your only place of doing business then yes you should be able to deduct the work area - . If the room is only used for the business then the whole space is allowed other wise you can only write off the space actually used - so only part of the electric bill, heating etc.You can write off the phone You really should check with an accountant/tax CPA . A good soure is Ron Mueller
Learn How You Can Reduce Your Taxes to The Legal Minimum -
http://www.homebusinesstaxsavings.com/
February 12th, 2010 at 8:48 am
If this is your only place of doing business then yes you should be able to deduct the work area - . If the room is only used for the business then the whole space is allowed other wise you can only write off the space actually used - so only part of the electric bill, heating etc.You can write off the phone You really should check with an accountant/tax CPA . A good soure is Ron Mueller
Learn How You Can Reduce Your Taxes to The Legal Minimum -
http://www.homebusinesstaxsavings.com/
References :
I am a small business working out of my home
February 12th, 2010 at 9:04 am
You can get the right answer from the Tax Experts. They know more about this.
I’d suggest you not to deal with IRS yourself. If you make mistakes, you may end up paying high tax..
Anyway, you can get Free Tax Consultation at http://freepl.us/5/USATaxAdvice
Hope that helps!
References :