tag:blogger.com,1999:blog-6318055043707993918.post272123632402735216..comments2024-02-20T02:12:18.090-05:00Comments on THE WANDERING TAX PRO: 1040 FYI: DEDUCTING THE BUSINESS USE OF YOUR CARRobert D Flachhttp://www.blogger.com/profile/06034127763662917220noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6318055043707993918.post-139863577636955952008-11-13T08:10:00.000-05:002008-11-13T08:10:00.000-05:00Anon-A very good question - the answer to which wo...Anon-<BR/><BR/>A very good question - the answer to which would be of use to many.<BR/><BR/>Rather than bury the answer here in the comment section I will address it in an ASK THE TAX PRO post on a Wednesday - probably 11/19.<BR/><BR/>TWTPRobert D Flachhttps://www.blogger.com/profile/06034127763662917220noreply@blogger.comtag:blogger.com,1999:blog-6318055043707993918.post-31083183410600673852008-11-12T15:10:00.000-05:002008-11-12T15:10:00.000-05:00I'm a personal tax pro who's having an ongoing dis...I'm a personal tax pro who's having an ongoing discussion with our corporate cpa. She argues that there is a difference in a office which happens to be in the home being "qualified" for the purposes of taking mileage (principal and only place of business, but not exclusive use), and being "qualified" for the purposes of taking Office in the Home deductions (principal place of business and exclusively used). I'm interpreting IRS Pub 587 (2007), page 3 " Your home office will qualify as your principal place of business if you meet the following requirements. You use it exclusively and regularly...." in showing that exclusive use is a necessary characteristic of "principal place of business". Who's right?Anonymousnoreply@blogger.com