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Things he could have deducted: Electricity, phone, internet. If he worked at home, then part of his rent. Travel if he worked at home and at an office.
by megablast 11y ago
Things he could have deducted:
Electricity, phone, internet.
If he worked at home, then part of his rent.
Travel if he worked at home and at an office.
- usaphp 11y agoHe can only deduct it partially based on a proportions he uses this for the business. I am pretty sure he uses electricity and Internet for personal stuff too. And to calculate rent deduction for a home office you have to measure your living space and space that you use solely for business, the deduct a percentage of rent based on a space it occupies. Based on my experience the deduction amount is quite pathetic...