Hacker News new | past | comments | ask | show | jobs | submit login

Yes it’s generally frowned upon to have more business expenses than revenue for multiple years in a row.

But claiming your home office (a part of your home explicitly used for work) as a business expense is definitely not tax fraud.

You can’t claim your kitchen tho.




Claiming a home office which you do not use exclusively for business purposes as a business expense is tax fraud. If you have a fake "business" which you spend an hour a month on then this is only useful if you have an extra room in your house that you're fine with effectively just boarding up.


Yeah, the IRS makes it pretty clear what the "Business Use of Home" is, and it's not your bedroom.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: