Article Date:
July 2021


Word Count:
957

 

 

IRS Makes Income Limit Mistake on the Home-Office Deduction


Can the IRS ever be wrong?

 

If the IRS is wrong, what’s your strategy?

 

Situation

 

You use the office in your home as the administrative office for your business.

 

You use your downtown office as your sales or patient office. The downtown office is the office location where you make the cash register ring.

 

Questions

 

What percentage of your gross income comes from the office in your home?

 

Why do you need to know this?

 

Because the IRS Says...

 

Pub. 587. In its home-office publication, the IRS says that because (a) part of your gross business income comes from your home office, and (b) ... Log in to view full article.

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