Claiming Home-Office Deduction Simplified

Do you run your US landlord business from home? Have you been nervous about taking the tax deduction? Perhaps you’ve avoided it. Well, consider this: “…the new option will allow you to claim $5 per square foot of the office, up to 300 square feet. The deduction will be capped at $1,500 per year and the form for claiming it will be simplified.”

Read the whole article (opens in a new tab so you may easily comment here): Claiming a home office deduction is about to get easier – Jan. 15, 2013.

SHARE:
Subscribe