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Deductions & credits
The simplified square footage method may be the best way to claim this expense, in your situation.
Otherwise use total square footage for the calculation ( 12.5% in RayW7's example) then multiply it by your percentage of the expenses. For example if you pay 50% of the utilities, your business utility deduction would be 6.25% of the utility bill.
‎April 28, 2021
7:37 AM