Can I Take a Home Office Deduction?

Jill on Money with Jill Schlesinger

Audacy

Education, Investing, Business, Self-improvement

4.6 • 1.9K Ratings

🗓️ 27 October 2021

⏱️ 18 minutes

🔗️ Recording | iTunes | RSS

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Summary

With everyone basically working from home during the pandemic, many people are looking to take the home office deduction. But not everybody qualifies. When is it legit and the right thing to do?

Have a money question? Email us, ask jill [at] jill on money dot com.

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"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.

Transcript

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0:00.0	Sometimes running a business can feel like cycling uphill, with square wheels!
0:10.0	But zero online accounting software can help predict the future cash flow of your business.
0:15.0	So you can stay one step ahead.
0:17.0	Soon it'll feel more like freewheeling downhill.
0:21.0	On a tandem!
0:22.0	What, mate?
0:23.0	With a messer on the back.
0:25.0	Oh, that's nice.
0:26.0	Search zero with an ace, because healthy business is beautiful business.
0:34.0	Welcome to the Jill on Money Podcast.
0:36.0	It is Wednesday, October 27th.
0:39.0	Mark, I don't think you know this, but my grandparents, my father's parents,
0:44.0	their birthday was October 27th.
0:46.0	They were born on the same day, same year.
0:48.0	Isn't that weird?
0:50.0	So happy birthday, Nana and Poppy.
0:52.0	And no one's listening to this who knows, but that just sort of means something to me.
0:55.0	So anyway, there's that.
0:57.0	They are long gone, but they're legacy persists.
1:01.0	And I'm part of that legacy.
1:03.0	So that's nice.
1:04.0	We are so happy of joining us today.
	...

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