1 of the bedrooms I turned into a full blown office, and it's use for nothing else but that, because I work from home as a freelanced designer.
I rent this home for $2,600 a month.
What portion of this rent that I pay can be deducted as a business expense of a home office?
Either divide the rent by the total number of rooms, or measure the square footage of the room and the square footage of the entire house (just the living space, not basement, attic or garage) and take the percent of the rent that the room is of the total space.
If you get paid on a W-2 (as you've implied in other posts), you are going to have to demonstrate how your having a home office was a requirement of your employer. Just because you prefer to work at home does not make any of it deductable.
Your freelance business has to generate enough income to justify having a home office. Continuous losses are viewed as a hobby by the irs.
I was just looking into this yesterday for myself.
http://www.irs.gov/newsroom/article/0,,id=108138,00.html
Should be all you need!
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