Unbiased Consumer Product Reviews





How is a rental deposit treated for home office tax purposes?

Reviewed by on Dec 29, 2011

For example is it considered a deduction in the year it was paid. Or in the year that one fails to get a portion of it back.

Incoming search terms:

  • Powered by Article Dashboard taxes
  • Powered by Article Dashboard portion
  • Powered by Article Dashboard rental discount code

Related posts:

  1. What are the drawbacks to a home office tax deduction?
  2. What qualifies as a home office for tax deduction purposes? I live in a 1 bedroom apartment though??
  3. Home Office Tax Deduction as a Sole Proprietor (1099 Income)?
  4. Temporary home office tax deduction?
  5. Can I claim a home office tax deduction?

One Comment

  1. jdkilp
    December 29, 2011

    It’s actually pretty simple. It’s a business expense in the year it’s paid. And, when you get it back, you show it as income. If you only get back a portion, show the amount you get back as income. If nothing comes back, then you don’t report it (since you already showed it as an expense).

    Reply

Leave a Comment

Choose a Rating