The National Directory of Certified Public Accountants

Ask A CPA - Home Office Expenses

Can I Deduct Storage Space In My Basement As A Home Office Deduction?

If space is used on a regular basis for the storage of inventory or sample products you can deduct home office expenses even though you use the space for personal purposes and do not meet the exclusive use test.

If you need professional help with "Home Office Expenses" or have other tax questions, we can help you find a local licensed CPA for a free, no-obligation consultation.