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Does My Home Office Fail Excusive Use Test
I worked as a W2 employee for all of 2021. I worked from a room in my house. For December 2021 I started my own business, which I ran from the same room in my house. Let's say I used the room 50% for my W2 work and 50% for my own business in December 2021. Can I claim the home office deduction if I enter 50% for Percentage of Business Conducted at my house? Or can I not claim anything because I fail the Exclusive Use requirement (because I perform my W2 work in the same office)?
‎February 14, 2022
5:24 PM