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Strategies & Market Trends : IRS, Tax related strategies--Traders -- Ignore unavailable to you. Want to Upgrade?


To: Colin Cody who wrote (1316)3/24/2001 5:41:15 PM
From: h8_2_b_l8  Read Replies (1) | Respond to of 1383
 
I've heard conflicting stories on how to report the use of your home for tax deduction purposes under Trader Status MTM. The popular version of operating a home office and using the SF for your office space as a % of total SF for your home as a deduction.

I've also heard in some instances your entire rent can be included as a deduction. Is this true?