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Calculating Home Office Deduction for Repair - Payments Financed
I had a large plumbing repair completed in early 2020, and payments were financed at 0% over 12 months. For the purposes of calculating the home office deduction, do I enter the full amount for the repair or only those payments that were made within the time period that the home office was in use?
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‎January 31, 2021
10:22 AM