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kebmaxwell
New Member

Can i allocate home office expenses between 2 bus. based on income earned/bus. versus the amnt of time each bus. uses the office(1 bus. makes $50,000, the other$15,000)?

1 business makes $50,000 and the other $15,000, but both businesses use the office for the same amount of time.
2 Replies
Anonymous
Not applicable

Can i allocate home office expenses between 2 bus. based on income earned/bus. versus the amnt of time each bus. uses the office(1 bus. makes $50,000, the other$15,000)?

 would say you need to split 50/50.  time is a better factor in this case then revenue.  in the long run it probably doen't matter. 

Anonymous
Not applicable

Can i allocate home office expenses between 2 bus. based on income earned/bus. versus the amnt of time each bus. uses the office(1 bus. makes $50,000, the other$15,000)?

 
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