Certain expenses are deductible whether you use a home office or not. Take telephones, for example. The rule is that the basic local telephone service change, including taxes for the first telephone line in your home is a nondeductible personal expense. However, if you do business long distance phone calls on that line, you can deduct it as part of your business expenses. If you get a second phone line in your house exclusively for your business, you can deduct this as a business expense.
Tax laws are often complicated, even unfriendly.
Figuring out whether your home office qualifies for a tax deduction can be an arduous process. Be careful with your deductions, as the taxman can smell questionable deductions a mile away. All rights reserved. All rights reserved. Click here for Terms of Use and Privacy Policy applicable to this site.