01/19/2020
Part of your house
If you work from your home or use part of it in your business, self-employment tax deductions could get you a break on your returns.π―
What you can deduct: A portion of your mortgage or rent; property taxes; the cost of utilities, repairs and maintenance; and similar expenses. Generally, this deduction is only available to the self-employed; employees CANNOT take the home office deduction (there are a few exceptions). Inbox for details or email: [email protected]