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LA Times - How L.A. radio is responding to the coronavirus crisis

By the way, home studios are tax deductible. They are home offices. You can deduct the portion of your home's mortgage or rent, utilities, and improvements.

There is no reason why a person in radio doesn't have a home studio.
 
PTBoardOp94 said:
Not any longer. That provision was removed in the Tax Cuts & Jobs Act, except in the case of freelancers.
Click to expand...

I should have mentioned Schedule C. I love Schedule C. Everybody in radio is a freelancer. Or can be. In one way or another.

See your tax attorney.
 
TheBigA said:
I should have mentioned Schedule C. I love Schedule C. Everybody in radio is a freelancer. Or can be. In one way or another.

See your tax attorney.
Click to expand...

There is a limit on the use of Schedule C, and it supposedly can not be applied to working at home if the normal conditions of employment don't require this.
 
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