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  • Second home office

    As an independent contractor, I expense a home office on my tax return.

     

    If let's say I buy another home and plan to do similar business work from there (meaning I set up a home office in there as well) and that home office would  also meet the same IRS regulations (exclusive use, defined area...etc.), can I expense the second home office on my tax return on schedule C?

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    As an independent contractor, I expense a home office on my tax return.

     

    If let’s say I buy another home and plan to do similar business work from there (meaning I set up a home office in there as well) and that home office would  also meet the same IRS regulations (exclusive use, defined area…etc.), can I expense the second home office on my tax return on schedule C?
    Click to expand...


    Yes, you can. This is common when a SE business owner moves during the year and has HO's in both locations, same principle.
    Working to protect good doctors from bad advisors. Fox & Co CPAs, Fox & Co Wealth Mgmt. 270-247-6087

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