Home Office Deductions-direct and indirect expenses

Aug. 15, 2012 - PRLog -- The home office deduction allows you to deduct certain direct and indirect expenses associated with your home if you work out of your home.

Direct expenses are those directly related to your home office space. An office chair that is used only in your home office space qualifies as a direct home office expense.  Painting a space that is used solely as a home office is also a direct home office expense. Direct expenses are normally 100% deductible.

Indirect expenses are personal expenses related to the entire home.

source http://www.speedycpa.com/?p=807

About the author Zev Jankovic, CPA
Zev has 14 years of wide-ranging business experience. Zev has a Bachelors
in Business Administration from the University of Phoenix and a Masters in Accounting and Information Management from the University of Texas at Dallas (and a member
of Beta Gamma Sigma – Business Honor Society). He is a Certified Public Accountant (CPA). Zev enjoys spending time with his family, learning Talmud, listening to music, and hiking in the beautiful Rocky Mountains.