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Business & farm
You should continue to treat it as a home office.
In treating it as a home office, you are treating the business portion of your home as an asset.
You can't deduct the entire value of your home, because the portion used for business has to be:
- Used regularly and exclusively for your business, and
- Be your principal place of business (both conditions must apply).
For further information please see the TurboTax website: Can I take the home office deduction?
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‎February 14, 2020
10:57 AM