Article Date:
December 2017


Word Count:
742

 

 

Home Office with More than One Business or Spouse Invasion


The office-in-the-home deduction produces good-to-excellent cash benefits when it eliminates commuting mileage. That’s the result you achieve when you claim an administrative office in your home.1

 

To qualify for the home-office deduction, you must use the office exclusively for the business or businesses for which you are claiming the deduction.

 

Your ability to qualify for the office-in-the-home deduction is straightforward if you have no spouse and only one business.

 

Add a spouse or another business to the equation and this deduction can become more complicated. ... Log in to view full article.

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