Taxes » Tax Deductions » 10 Craziest Tax Deductions For 2011Does it count if I wrote the checks in there?8 of 12Home office deductions continue to entice would-be tax evaders. The rule: Improvements to the office portion itself are deductible; improvements to the rest of the house may be reimbursed based on the percentage of total square feet devoted to the office.But one of Sibley's clients had other plans."The most troubling return was a lady that was self-employed who demanded that she get to deduct more than $30,000 she had paid in remodeling her home," says Sibley. "The only trouble was, the area that was remodeled did not include her actual home office."« Back to the Tax Deductions page. Related Articles:Tax breaks for businessesDependents pay off on taxesMiscellaneous deductionsDon't dare deduct these!Related Links:Tax breaks for homeownersDeducting job-search costs10 overlooked tax breaksDeducting job expenses advertisement
Taxes » Tax Deductions » 10 Craziest Tax Deductions For 2011
Home office deductions continue to entice would-be tax evaders. The rule: Improvements to the office portion itself are deductible; improvements to the rest of the house may be reimbursed based on the percentage of total square feet devoted to the office.
But one of Sibley's clients had other plans.
"The most troubling return was a lady that was self-employed who demanded that she get to deduct more than $30,000 she had paid in remodeling her home," says Sibley. "The only trouble was, the area that was remodeled did not include her actual home office."
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