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How do I determine what % of business is conducted from our home office, When we are a drywall contracting business? The reason I am confused if because, 100% of my "job" of Managing, and running th

 
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WillK
Intuit Alumni

How do I determine what % of business is conducted from our home office, When we are a drywall contracting business? The reason I am confused if because, 100% of my "job" of Managing, and running th

In order to claim your home office deduction on your tax return, the home office needs to be exclusively used 100% of the time for business. Most people who claim the home office deduction use the office 100% for business which is run, managed and operated from the home office. Hope this helps. 

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1 Reply
WillK
Intuit Alumni

How do I determine what % of business is conducted from our home office, When we are a drywall contracting business? The reason I am confused if because, 100% of my "job" of Managing, and running th

In order to claim your home office deduction on your tax return, the home office needs to be exclusively used 100% of the time for business. Most people who claim the home office deduction use the office 100% for business which is run, managed and operated from the home office. Hope this helps. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
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