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Test Tax deductions for working from home

QUESTION 1: CAN TENANTS RECEIVE TAX DEDUCTIONS FOR THEIR HOME-BASED BUSINESSES?

QUESTION 2: WHAT IS THE FIRST REQUIREMENT TO DEDUCT HOME BUSINESS TAXES?

QUESTION 3: IF YOU USE A ROOM IN YOUR HOUSE TO STORE WORK MATERIALS AND TO SLEEP OCCASIONALLY, DO YOU MEET THE FIRST REQUIREMENT?

QUESTION 4: IN WHICH TAX DEDUCTION METHOD IS THE CALCULATION BY THE NUMBER OF ROOMS IN THE HOUSE USED?

QUESTION 5: FOR EXAMPLE, IF YOU HAVE A 300 SQUARE METER HOUSE AND THE OFFICE IS 30 SQUARE METERS, WHAT PERCENTAGE OF THE OVERALL HOUSE DOES IT OCCUPY?

QUESTION 6: WHAT TYPE OF EXPENSE IS A HOME ROOF REPAIR?

QUESTION 7: WHAT PERCENTAGE DID THE IRS USE UNTIL 2020 AS THE STANDARD RATE FOR THE SIMPLIFIED METHOD?

QUESTION 8: HOW MANY REQUIREMENTS MUST YOU MEET IN ORDER TO DEDUCT TAXES FOR THE HOME-BASED BUSINESS?

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