Business Activity in the Home
» Business Activity in the Home, Volume 8, Issue 4, 2008
If respondent operates their business primarily from the home AND is the owner of the business.
2. Do you deduct the portion of your home used for your business as a business expense for federal income tax purposes?
Response | ||||
---|---|---|---|---|
1 | Yes | 46 | ||
2 | No | 51 | ||
3 | DK/Refuse | 3 | ||
Total (%) | 100 | |||
N | 96 |
Notes: Forty-six (46) percent of small employers who operate their business primarily from the home and are the owner of the business deduct the portion of their home used for their business as a business expense for federal income tax purposes.