Tax write-offs for working at home?

Suppose that I work from home, and that I have a roommate. I work at a company which allows me to work from home. I bought lots of infrastructure - both hardware (desks,
printer, shredder, etc.) and software (internet connection, etc.). Also, in order for me to do my work, I must have electricity, food heat, etc. Does this mean that I can write-off my utility bills (which is not in my name, it's in my roommate's name), my food bills for lunch, and all of my other costs (internect connection, energy, and heating bills, and RENT)? << ------------------------------------------------------- >> << The foregoing was not intended or written to be used, >> << nor can it used, for the purpose of avoiding penalties >> << that may be imposed upon the taxpayer. >> << >> << The Charter and the Guidelines for submitting posts >> << to this newsgroup as well as our anti-spamming policy >> << are at www.asktax.org. >> << Copyright (2007) - All rights reserved. >> << ------------------------------------------------------- >>
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read irs pub 587
first of all food for lunch is never deductible, unless entertaining a client or customer there are various requirements that need to be met they are explained in the irs pub ___________________________________ <<< Benjamin Yazersky, CPA [NJ & NY] >>> -----> real address on hobokeni or hobokenx <-----
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snipped-for-privacy@yahoo.com (Stemsells) posted:

Not nearly that simple, "Stem sells."
First of all, you must establish a legitimate home office -- required by your employment situation, or independent business. Second, only part of your expenses -- used for business -- will qualify for deductions. See Pub 587 for full details. (available online at http://www.irs.gov (Then click on Forms and Publications and choose the html option to read online -- or pdf to download.) Bill << ------------------------------------------------------- >> << The foregoing was not intended or written to be used, >> << nor can it used, for the purpose of avoiding penalties >> << that may be imposed upon the taxpayer. >> << >> << The Charter and the Guidelines for submitting posts >> << to this newsgroup as well as our anti-spamming policy >> << are at www.asktax.org. >> << Copyright (2007) - All rights reserved. >> << ------------------------------------------------------- >>
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Unless you are working at home as a REQUIREMENT of your employment (and no office space is made available to you with the company), all of these expenses are personal, NON-DEDUCTIBLE expenses. Get real. << ------------------------------------------------------- >> << The foregoing was not intended or written to be used, >> << nor can it used, for the purpose of avoiding penalties >> << that may be imposed upon the taxpayer. >> << >> << The Charter and the Guidelines for submitting posts >> << to this newsgroup as well as our anti-spamming policy >> << are at www.asktax.org. >> << Copyright (2007) - All rights reserved. >> << ------------------------------------------------------- >>
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In order for an employee to claim office in the home expenses, the home office must be for the convenience of the employer. This has usually been taken to mean the employer requires this as a condition of employment, and you would have written proof of that. It is not sufficient that the employer is OK with it, or that the employer thinks this is a good idea. And to claim an ofice in the home, you must have an area in your home that you use "regularly and exclusively" as a home office. If it is used for personal use, or your roommate makes some use of that area, it fails the regularly and exclusively test. And as an employee, even if you met all of the above, and even if you were obligated to pay and did pay the costs you mention, you would ave o claim these expenses on Scedule A as miscellaneous expenses, all of which must exceed 2% of adjusted gross income to gain you any tax benefit. And if you could still do this, your itemized deductions would have to exceed your personal deduction before you gain any tax advantage. -- ArtKamlet at a o l dot c o m Columbus OH K2PZH
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Yes, IF you do it right. Refer to the instructions for Form 8829 - Home Office Use and apply the form to either your Schedule C or your Form 2106. Good luck, Gene E. Utterback, EA, RFC, ABA
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See pub 587 and form 8829 http://www.irs.gov/newsroom/article/0,,id 8138,00.html
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