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Author: RCMX One star, 50 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 120780  
Subject: Home Office Deduction Date: 1/27/2001 12:58 PM
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I apologize if this has been addressed before.

I have been working, since July 2000, out of my home in a field sales position. They do not have an office in my area for me to work out of. I use my third bedroom exclusively as my home office. My house is appox 1700sq ft. of livable space, with my office consuming approx 120sq ft., acounting for 7% of my total living space.

Can I use this as a home office deduction...a.) since I have only been doing this for six months of the 2000 tax year? b.) If so, what can I deduct? c.) What should I be careful of? d.) Is it worth it?

Thanks,
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