New IRS "simple" method for deducting a home office
Warning: For Full Access Please Log In or Create an Account (Free)
Create an Account or Log In
Membership is free. Simply choose your username, type in your email address, and choose a password. You immediately get full access to the forum.
I haven't looked at this, but as far as I know, nothing to do with the IRS is simple. 
DanceMom Wrote:
-------------------------------------------------------
> I haven't looked at this, but as far as I know,
> nothing to do with the IRS is simple.
Ha, ha, ha. I am laughing instead of taking the hours it will take to redo my last years taxes to recoup some issues that were missed.
But seriously, even though it might be difficult to qualify, if you do qualify for a home office, they have simplified the issues. You can now take a $ amount per square foot of your office and not depreciate rather than take a percent of your whole house. That sounds like it will help people with small spaces in larger houses.
-------------------------------------------------------
> I haven't looked at this, but as far as I know,
> nothing to do with the IRS is simple.
Ha, ha, ha. I am laughing instead of taking the hours it will take to redo my last years taxes to recoup some issues that were missed.
But seriously, even though it might be difficult to qualify, if you do qualify for a home office, they have simplified the issues. You can now take a $ amount per square foot of your office and not depreciate rather than take a percent of your whole house. That sounds like it will help people with small spaces in larger houses.
As simple as enrolling in Obamacare, maybe?
DanceMom Wrote:
-------------------------------------------------------
> I haven't looked at this, but as far as I know,
> nothing to do with the IRS is simple.
DanceMom Wrote:
-------------------------------------------------------
> I haven't looked at this, but as far as I know,
> nothing to do with the IRS is simple.
Sorry, only registered users may post in this forum.