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Don’t Forget Home Office Deductions During COVID-19

For those of you (or someone you know) who are self-employed and normally work in an office or other location away from home, don’t forget about home office deductions. If you have been required to work from home for some time due to COVID019, you can use the home office deduction for that time on your 2020 income tax return.

As long as you used part of your home regularly and exclusively for business, you can take a deduction for the months you worked there; it was your principal place of business

Here is a link to IRS Publication with details.

https://www.irs.gov/pub/irs-pdf/p587.pdf

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