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Deductions & credits
Hello,
Yes you understand the deductions to be taken for home office correctly. However, there is an alternative method called Simplified Option for Office in Home Deduction. You can read more about it here : https://www.irs.gov/businesses/small-businesses-self-employed/simplified-option-for-home-office-dedu...
Thanks!
‎June 3, 2019
12:34 PM