I filed fed/state taxes w/ turbo tax and took a deduction for having a home office. I was a 1099 employee, working from home for part of the year. I did not file a business name w/ the state of CO though. I'm a bit confused as to whether I filed correctly. Can I take this benefit although I do not have a business name?
2007-04-18 03:22:13 · 2 answers · asked by SPR 1 in Business & Finance ➔ Taxes ➔ United States
Business did not requuire I had a license. The deduction I took was prorated for the portion of the year I worked from home
2007-04-18 04:47:21 · update #1
Having a business name isn't required. But if you only worked from home part of the year, I hope you only took the deductions prorated for that amount of time.
2007-04-18 03:33:39 · answer #1 · answered by Judy 7 · 1⤊ 0⤋
did you go get the license for business through the county? if so you can. if its not liget, then no and you might get in trouble. be careful.
2007-04-18 10:25:40 · answer #2 · answered by kinkerspaz 1 · 0⤊ 0⤋