Tracking Your Home Office Expenses
Are you still working from home?
If you’re still based from your home, working, it is important to continue recording and claiming the home office deductions to go along with it.
You can qualify for home office deduction if…
- It is the principal place of business
- You use a portion of your home exclusively and regularly for business
Costs to keep a record of include…
- utilities
- office supplies or equipment
- cleaning
- insurance
Have you got an ongoing record of this?