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Your major tax is your self-employment tax on the profit ($67K) on the business. So your home is reducing the income tax greatly however it cannot reduce the SE Tax.
The only think that will reduce that are a reduction in the net profit of the Sch C - which would be less income and/or more expenses.
Your major tax is your self-employment tax on the profit ($67K) on the business. So your home is reducing the income tax greatly however it cannot reduce the SE Tax.
The only think that will reduce that are a reduction in the net profit of the Sch C - which would be less income and/or more expenses.
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