Can I write off my home office?
Short Answer: Yes, if you have a dedicated space used regularly and exclusively for business.
Home office deductions can be valuable, but they have rules. The space generally must be used only for business and used consistently.
Common mistakes:
• Claiming a shared room
• Overstating square footage
• No documentation
What we recommend: If you qualify, claim it, but do it correctly and keep records.
Still have questions?
If you’re not sure what applies to your situation, we can help.