Monday, January 21, 2008

Home Office Deduction

http://www.nolo.com/article.cfm/pg/2/objectId/C9488136-EDA9-488D-92C9C81F56BE5CE2/cat
Id/CF156B19-4580-413E-A4BD1EC63F5F021A/111/159/264/ART/


OR

http://tinyurl.com/29l7dv

Brook, a lawyer, uses a den in his home to write legal briefs and
prepare contracts. He also uses the den for poker games and hosting a
book club. Because he uses the den for both business and pleasure,
Brook can't claim business deductions for using the den. Marvin has a
den he uses only for business. He also puts a business calendar, desk,
and computer in his kitchen, but continues to cook and eat there as
well. Marvin can claim business deductions for the den, but not the
kitchen.

[This text taken from the website]



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