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Deductions & credits
If you are using a home office to do R&D and are incurring costs, but had no income for the year, can you still deduct the rent cost of the home office portion as an R&D cost? Turbotax seems to imply that revenue is needed to qualify for deducting the home office portion of rent. Is this true?
‎July 12, 2020
12:24 AM