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, no children, no W-2 job, and only one business.

Add a spouse, a second business, or day-job work to the equation, however, and this deduction can become more complicated. ... Log in to view full article.