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Deductions & credits
Per IRS rules, one can only use a square footage ratio to compute home office expenses. The "room method" will save you the exercise of measuring the square footage of your work space, but you still need to know the approximate square footage of your entire house. Based on your answer s above, it would appear that if you use one room for business, your ration would be approximately 1/8 or .125.
‎June 6, 2019
3:55 AM