Article Date:
May 2013


Word Count:
197

 

 

Tax Deduction for Home Office with Two Businesses


Question

 

I operate a medical practice and claim an administrative office in my home, with the principal purpose of eliminating my commuting mileage.

 

I also own and operate a physical therapy practice of which I am the sole owner. I would like to use my home office for the therapy practice as well, but I’m concerned on how that use could complicate my home-office deduction.

 

Answer

 

You are right to investigate the effect of another business on your home-office deduction.

 

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