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Can a physician who does not see patients at his residence claim home office expense for doing admin work and or continuing education at his office office?
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@bmanglonacpa wrote:
Can a physician who does not see patients at his residence claim home office expense for doing admin work and or continuing education at his office office?
Im not sure a home office he uses now and then for doing admin work or continuing education rises to the level of "regular and exclusive business use".
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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THE case for OIH & physicians:
https://caselaw.findlaw.com/us-supreme-court/506/168.html
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You are right. I thought about the simplified method, but the issue is still the same. Thank you.
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Well, no, Congress changed the law after the Soliman decision because they didn't like it.
OIH is no more complicated than most other tax rules. If you can pass a test for a drivers license, you can probably figure it out.
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I don't know, honestly. I believe you will have to somehow demonstrate that you have worked from home. If you have any receipts that demonstrate that you have worked from home, then yes, you will be able to claim office expenses in this case. Anyway, I am unsure about this answer, so you better speak with a professional in this field. For instance, I know that the guys working for https://www.thefinitygroup.com/financial-planning-for-physicians are cultured enough to answer this question.
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After over two years, I was thinking that bmanglonacpa might be close to done with that return........... but what do I know.
Slava Ukraini!