Sole Proprietorship - Schedule C

Can I claim the part of my living room that has my computer as a home office deduction?

In general, if you use a part of your home for both personal and business purposes, then no expenses for business use of that part are deductible. There are certain exceptions for the storage of inventory or samples used in a business or for qualified day care providers. You should speak to your local CPA about the "office in home" deductions.

Need Professional Help?

If you need help with "Sole Proprietorship - Schedule C" or have other tax questions, we can help you find a local licensed tax preparer for a free, no-obligation consultation.