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| - quote - > Can I deduct my rent on my 1040 and if I do, should I
Possibly. Definitely.> use a tax professional as I have never done this before? Carol What can one expect of a day that begins with getting out of bed. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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| "News Subsystem" <news[at]news.astraweb.com> wrote - quote - > I have a question. I am a pharamaceutical sales rep and all
If the home-office qualifies, you can deduct a percentage of> my administrative work is conducted in my office. I live alone > in a two bedroom apartment with one room set up as my office. > There is no "corporate office" that I report to but I am > required by my company to do administrative duties on a nightly > basis. Can I deduct my rent on my 1040 and if I do, should I > use a tax professional as I have never done this before? your rent, certain utilities, insurance, etc. The percentage is based on the square footage of the "office" space to the whole house/apartment. And yes, it may be wise to use a tax professional, at least in your first year. -- Paul A. Thomas, CPA taxman at negia.net << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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| I have a question. I am a pharamaceutical sales rep and all my administrative work is conducted in my office. I live alone in a two bedroom apartment with one room set up as my office. There is no "corporate office" that I report to but I am required by my company to do administrative duties on a nightly basis. Can I deduct my rent on my 1040 and if I do, should I use a tax professional as I have never done this before? Thanks << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
| Tags |
| deductions, homeoffice, rep, sales |
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