Home Business Tax Deductions
April 29th, 2010 | 
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Question: Home office tax deduction - I entered all the info in turbotax, but it doesn't show up.?
We have a Home Business - event videography. All my other expenses show up, but there is nothing under "Home Office" on the summary page of my business expenses.
Answer: Usually they will ask you a serious of questions such as: did you use this home office exclusively and regularly as your place of business. you must say yes. Also, keep in mind that if you are depreciating this home office, when you sell your home you will have to recapture the depreciation.
Home Based Business Tax Breaks for 2009, 2010.mov
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