[[Do you have to exclusivly use a home office for business to take any deduction, or can you say you used it for 50% buisness and take a 50% deduction.]]In order to claim the office in home deduction, the area used for business must be used "regularly" and "exclusively"...1. As the principal place of business, or2. As a place to meet or deal with clients in the normal course of the business, or3. In connection with the business if it is a separate structure not attached to your personal residence. So, if you don't have exclusive use, the deduction will not be allowed...on a percentage basis or not.[[ In addition, what specifies if a home office is a home office? As in, do you have to spend a certain amount of money, or bring in a certain amount of money? And if you have a full time job, will you qualify? Thank you.]]If you are an employee, not only do you have to meet the tests above, but the office must be for the convenience of the employer. Even more restrictive.For additional information on the office in home deduction, see IRS Publication 587.TMF TaxesRoySPECIAL NOTE: I try to answer as many questions as I can each week, and I generally select those that have not been asked before. If you don't get a detailed answer to your question, it is probably because my time is so limited during tax season, or because it has already been asked and answered in this folder in the past, or because it has been discussed in the Taxes Frequently Asked Questions area. In order to visit the Taxes FAQ area, go to the Fool's School area (http://www.fool.com/school.htm) and check out "Other Features" in the list box, OR you can jump directly to the Taxes FAQ area (http://www.fool.com/school/taxes/taxes.htm). Additionally, if any references were made to the IRS Web Site, you can get there by pointing your web browser to (http://www.irs.ustreas.gov)
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