Level 15
03-06-2022
03:13 PM
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@TaxGuyBill This is the general rule of 280A
(a)General rule
Except as otherwise provided in this section, in the case of a taxpayer who is an individual or an S corporation, no deduction otherwise allowable under this chapter shall be allowed with respect to the use of a dwelling unit which is used by the taxpayer during the taxable year as a residence.
If a taxpayer uses or rents at below market rates it is considered personal use, and not a business.