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Taxpayers who legitimately can claim a home office deduction and these days, unfortunately, thats only self-employed taxpayers have a choice of two ways
Taxpayers who legitimately can claim a home office deduction – and these days, unfortunately, that’s only self-employed taxpayers – have a choice of two ways in which to calculate and claim their deduction. See Schedule C, line 30. Briefly and in your own words, compare and contrast these two methods.
Schedule C
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BUSINESS USE OF YOUR HOME You may be able to deduct certain expenses for business use of your home subject to limitations To claim a deduction for business use of your home you can use Form 8829 or yo...Get Instant Access to Expert-Tailored Solutions
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Microeconomics An Intuitive Approach with Calculus
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