My 500sqft woodshop is on my property, detached from the house. I build and install custom cabinetry. My shop is only used for work and used frequently. How do I calculate the deduction for rent? The house is about 2400 sqft. Do I calculate the deduction at 500/2400? Or add the 500sqft in, making it 500/2900?
Workspace deduction calculation for detached space
byu/Lgs_8 intax
Posted by Lgs_8