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Home Offices and taxes
#6
(05-06-2020, 05:28 PM)Trub Lou Wrote: Didn't really occur to me before, but I've never bothered to try and claim a deduction for the amount of work I do from home, which was traditionally on evenings, weekends, time spent waiting for deliveries, etc.  Now that I'll be spending a significant portion of the year working out of my house, I wonder what I should be thinking about.  I do all of my work on this i7 machine that cost me a bit of cash a few years back, as I intended it to be the media server and heart of the household IT flow.  I have an area of the basement where I'm set up for desk work and lab work, and purchased a new soldering iron and DC supply among some other odds and ends so that I didn't have to actually go in to the lab at my office.  I guess on the occasions when I do drive down in the middle of the day, mileage should be deductible too.

Any of you guys actually tracking this stuff who weren't before?
Its not too bad. I have a dedicated home office. You can also put a percentage of use on your computer. For me, it's like 50% work, 50% other work. 5% video games. 110% math.
But, right, you deduct maybe a hundred dollars or so.  Never been audited, but my risk is not zero.
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Messages In This Thread
Home Offices and taxes - by Trub Lou - 05-06-2020, 05:28 PM
RE: Home Offices and taxes - by Stank Delicious - 05-06-2020, 05:42 PM
RE: Home Offices and taxes - by Trub Lou - 05-06-2020, 08:00 PM
RE: Home Offices and taxes - by snowman - 05-06-2020, 06:01 PM
RE: Home Offices and taxes - by Trub Lou - 05-06-2020, 07:59 PM
RE: Home Offices and taxes - by Vagus - 05-07-2020, 01:12 AM
RE: Home Offices and taxes - by Mexas Joe - 05-07-2020, 01:47 AM
RE: Home Offices and taxes - by Trub Lou - 05-07-2020, 02:22 AM
RE: Home Offices and taxes - by Stank Delicious - 05-07-2020, 08:46 AM
RE: Home Offices and taxes - by TonyB - 05-07-2020, 07:51 PM
RE: Home Offices and taxes - by Aspenleif - 05-08-2020, 08:53 PM
RE: Home Offices and taxes - by Trub Lou - 05-08-2020, 11:02 PM
RE: Home Offices and taxes - by IamSancho - 05-10-2020, 03:47 AM
RE: Home Offices and taxes - by Stank Delicious - 05-10-2020, 04:44 AM
RE: Home Offices and taxes - by IamSancho - 05-12-2020, 03:51 PM
RE: Home Offices and taxes - by Trub Lou - 05-12-2020, 09:12 PM
RE: Home Offices and taxes - by Trub Lou - 05-10-2020, 01:47 PM
RE: Home Offices and taxes - by Mexas Joe - 05-10-2020, 06:19 PM
RE: Home Offices and taxes - by Trub Lou - 05-10-2020, 07:19 PM
RE: Home Offices and taxes - by Stank Delicious - 05-10-2020, 07:04 PM
RE: Home Offices and taxes - by Stank Delicious - 05-10-2020, 07:39 PM
RE: Home Offices and taxes - by Trub Lou - 05-10-2020, 07:45 PM
RE: Home Offices and taxes - by Vagus - 05-12-2020, 01:07 AM
RE: Home Offices and taxes - by Stank Delicious - 05-12-2020, 09:01 PM
RE: Home Offices and taxes - by Mexas Joe - 05-12-2020, 09:20 PM
RE: Home Offices and taxes - by IamSancho - 05-14-2020, 12:33 PM
RE: Home Offices and taxes - by Stank Delicious - 05-14-2020, 01:30 PM
RE: Home Offices and taxes - by Badogg - 05-14-2020, 02:57 PM

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