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September 8, 2024
Question

For expenses/deductions labeled as (Home Office), do I reimburse myself monthly by dividing my total house sq feet area by how much my office is?

  • September 8, 2024
  • 1 reply
  • 1 view
Or do I deduct them when filling for annual taxes in April?

1 reply

Level 2
June 10, 2025

Depends on your type of legal entity for taxes.  Are you:

 

Sole Proprietor

S-Corporation

C-Corporation