Recent content by Hopefulteacher94

Thanks everyone...I do appreciate it. I've always been scared of this deduction given my circumstances, but didn't want to miss out on anything I'm elligible for. I'm glad to have found a forum like this to ask advice for. Hope everyone enjoys thier weekend.

Sorry @davew9128 I was saying/confused because the safe harbor (simplified) method was the higher amount. I’ve never taken the home office deduction because people debated my expenses since I live with someone else. That’s the only reason I wanted to put more effort into researching this topic...

Hi! Me again :-) Hope everyone's enjoying their week. I finally had a chance to look into this some more and reading through some of IRS Pub 587. Crunching some numbers using my actual expenses for electric+gas+internet and multiplying by 9% I got a deduction of $227.19. I just used the...

Yeah I was prepared to add up the utility bills I directly paid and claim the business %, but then I discovered the simplified method, which sounded good because then I wouldn’t have to try and save all the utility bills & bank statements to prove payments. I do have actual expenses, but not as...

Thanks! My home office is about 125 square feet. Is there anything I need to hold onto proving the square footage? I over analyze, so I get hung up on how often they say “exclusive and regularly”. All of my teaching is done in here and it’s not used for anything else. There is a closet that we...

What is the name of your state? PA Hello! I started teaching online after the COVID lockdowns. I’m self employed, receive a 1099 and file a schedule c to report my income/expenses. Last year I didn’t claim any home office deduction because I was confused about eligibility and was receiving a...