James A. Elliott, Certified Public Accountant

Jim Elliott Photo

"I'm here to help you save time, money, and trouble"

5319 SW Westgate Dr.,
Suite 109
Portland, OR 97221
Tel:    503.292.2100
Fax:   503.292.9424

 

 

If your office in the home meets these guidelines, your home office expenses are deductible.

  • The office space must be exclusively used as an office.
  • The space must be the primary place of business.
  • A deduction cannot be made resulting in a business loss for the year.

To properly prepare your return, I will need the square footage of the office and the home and any of the following expenses for the year that may apply to you.

  • Rent paid, if rented
  • Property taxes, if owned
  • Mortgage interest, of owned
  • Insurance
  • Utilities
  • Repairs
  • Gardening

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