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Deductions & credits
You are required to enter all items of income and expense that relate to the business. You cannot pick and choose which deductions to take, especially when it results in a smaller tax or larger refund.
So, it would be wise to be consistent in the application of the home office deduction. If you take it for one business and use it in a similar manner for the other business, then you should take it for both businesses.
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‎February 16, 2021
8:21 PM