Four Home Office Write-Offs

There are a variety of home office write-offs that you may be eligible for. Here are four of them:

1. Use of Home deduction: This allows you to deduct expenses related to the use of your home for business purposes.

1. Water

2. Power

3. Garbage disposal

4. Cleaners

5. Insurance

6. Mortgage interest or Rent

2. Equipment and furniture: You can deduct the cost of new and used equipment and furniture that you use in your home office.

1. Bookshelves

2. Couch/Chair

3. Desk

3. Office supplies: You can deduct the cost of any office supplies you purchase and use in your home office.

1. Chargers

2. Decor

3. Monitors, keyboard, mouse, webcam 

4. Cell phone (Hardware)

4. Internet and phone services: As long as the services are used exclusively for business purposes, you can deduct the cost of your internet and phone services.

For questions about home office deductions, book a call with us today.