A separate space must be clearly devoted to business activities in order for the entrepreneur to claim a tax deduction.

Question

Quizplus · Accepted Answer

According to IRS guidelines, a separate and clearly designated area must be used exclusively for business activities in order for the entrepreneur to claim a tax deduction for it. If the space is also used for personal activities, the deduction may not be allowed.

A Separate Space Must Be Clearly Devoted to Business Activities