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Office in the Home Tax Deduction Made Easy – New Ruling, Former IRS

February 12, 2014
Written by: Fresh Start Tax

 

Office in the Home Tax Deduction

Lets make this a simple as we can.

The automated IRS services can also help home-based businesses check out the new simplified option for claiming the home office deduction, a straightforward computation that allows eligible taxpayers to claim $5 per square foot, up to a maximum of $1,500, instead of filling out a 43-line form (Form 8829) with often complex calculations.

Office in the Home Tax Deduction Made Easy, Former IRS

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