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Do you include basement rooms for calculating total rooms in home for home office space?
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posted
October 30, 2019
5:23 PM
last updated
October 30, 2019
5:23 PM
2 Replies
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Do you include basement rooms for calculating total rooms in home for home office space?
Hi there. You should include the amount of rooms on your property assessment. So, If the basement is finished, I would include it in the total rooms. Hope this helps.
October 30, 2019
5:23 PM
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Do you include basement rooms for calculating total rooms in home for home office space?
To calculate the percentage of work-space-in-the-home expenses you can deduct, use a reasonable basis, such as the area of the work space divided by the total finished area (including hallways, bathrooms, kitchens, etc.). So you can include the basement rooms, if they are finished and assessed.
October 30, 2019
5:23 PM