Business Activity in the Home
If respondent does not operate their business primarily from the home BUT has a home office AND does not deduct their home office as a business expense for federal income tax purposes.
15a. Why donít you deduct the business portion? Is it because itís:?
|1||Too complicated to make worthwhile||28|
|2||Triggers a tax audit||4|
|3||Leaves adverse consequences for selling the house||2|
|4||Never thought about it||21|
|5||Tax advisor cautioned against it||17|
|6||Doesnít legally qualify as a home office||15|
Notes: Twenty-eight (28) percent of small employers who do not operate their business primarily from the home but have a home office and do not deduct their home office as a business expense for federal income tax purposes don't because it is too complicated to make it worthwhile.