Skip to main content
May 28, 2020
Question

I worked from home at least one day a week last year. Can I deduct utilities

  • May 28, 2020
  • 1 reply
  • 0 views
No text available

1 reply

May 28, 2020

if the space was used during the other 6 days for personal purposes, the IRS does not allow a deduction

 

If you use part of your home exclusively and regularly for conducting business, you may be able to deduct expenses such as mortgage interest, insurance, utilities, repairs, and depreciation for that area. You need to figure out the percentage of your home devoted to your business activities, utilities, repairs, and depreciation.