MYTH: HAVING A WORK DESK MEANS A HOME OFFICE DEDUCTION
People who work at home can claim the part of their home in which they work as a deduction, that’s true. But people who work in an office during the day and sometimes bring work home do not have a home office, according to the IRS, even if they have a dedicated place at home from which to work. The home office deduction applies only if the home is the principal place of business, which means the taxpayer must be self-employed.