I am a contractor and received a 1099-misc. I used my apartment to conduct the business. Should I report the rent, utility, 2nd phone line under "business expense" or "home office"?
business expense
Feb 14, 2009
1 Replies
Rent and utilities are home office expenses. If the 2nd phone line is
100% business use then it's cost is 100% deductible whether you have a qualified home office or not.Join the Discussion
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