foodeefish
Contributing Member
Cash: $ 6.00
Posts: 26
Joined: 07 Feb 2004
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Both now working out of 2 Home offices and need some advice. |
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My wife works out of her home office 90% of the year and I now will be working out of another room soon to be my office. I will work on average 75% of my time out of my new office and then be traveling for the comapny the remainder of the time to New York. We are in the 30-35% tax bracket
With gross income over $250K, and little to no tax write-offs (no mortgage either) does it make sense to write these costs off for tax purposes or is it a waste of time thanks to the "Minimum Tax" we get hit with?
What legally can we write-off if this makes sense?
Thanks
Foodeefish
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