10 big deductions many people miss - 3 - income tax breaks. Internal Revenue Service. Home Office Deduction. 中文 | 한국어 | TiếngViệt | Pусский If you use part of your home for business, you may be able to deduct expenses for the business use of your home.
The home office deduction is available for homeowners and renters, and applies to all types of homes. Simplified Option. Deducting Business Expenses.