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The Storage & Daycare Exception

The exclusive use test is the most common reason business owners fail to qualify for the home office deduction. However, there are crucial exceptions. The either/or dilemma is often between assuming the exclusive use test is absolute vs. understanding the nuances of the law. A Sound decision requires knowing the exceptions.

The exclusive use test does not apply if you use part of your home for the storage of inventory or product samples, or as a daycare facility. If you meet one of these exceptions, you proceed directly to the Business Connection Test. This Sound logic ensures you are aware of the full rules to make a confident and defensible tax decision.

Download the S3 Home Office Deduction Qualifier now to confidently claim your deduction: https://www.safesimplesound.com/the-s3-home-office-deduction-qualifier/.

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DISCLAIMER: This content is for educational purposes only and should not be considered personalized financial advice. Always consult with a qualified financial professional before making financial decisions.

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