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How do I calculate office payment? I use a room in my home!

I have heard that you can write off a % of your mortgage and utility bill? is there truth behind this?

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When I used turbo-tax, it asked for the square feet of your home office. I think my CPA uses the same formula. When I was a company driver with a couple 1099s I could do my own taxes, As an owner op, inc, s-corp. it got waaaaay to complicated.

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