Can I deduct the rent I pay for my home?

If you rent rather than own your home, the rent can be deducted as an indirect expense.
In order to deduct your rent, one of the following must apply:
  • You use part of your home exclusively and regularly as your principal place of business, as a place to meet or deal with patients, clients or customers in the normal course of your business, or in connection with your trade or business where there is a separate structure not attached to the home.
  • You use part of your home on a regular basis for certain storage use such as inventory or product samples, as rental property, or as a home daycare facility.
If your housing is provided free of charge and the value of the housing is tax exempt, you can't deduct the rental value of any portion of the housing.

Deluxe Edition

Includes All Free Features PLUS:

Audit Assist

Protect your taxes with Audit Assist!

Over 1.7 million taxpayers were audited last year... let us help. Our tax professionals will assist you if you are audited by the IRS. Get the peace of mind that comes from knowing you are covered.

Included with DELUXE...
Find out More!

Free Edition

FREE Federal, FREE e-file:

Our online application is designed to be simple and fast. Most returns can be completed within 30 minutes. No software to download. Use any computer that has an internet connection.

© 2002-2014 FreeTaxUSA, a TaxHawk, Inc. owned and operated website - Terms of Use