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Is it possible to claim a home office deduction for my cryptocurrency business with TurboTax?

Jay_Are9Jul 07, 2024 · a year ago1 answers

I am running a cryptocurrency business from my home office. Can I claim a home office deduction for my business expenses when filing my taxes with TurboTax?

1 answers

  • Nikolay Nikolaev TsachevJan 23, 2025 · 6 months ago
    Yes, you can claim a home office deduction for your cryptocurrency business with TurboTax. TurboTax is designed to handle various types of businesses, including those in the cryptocurrency industry. Just make sure to accurately report your business income and expenses, and TurboTax will help you determine if you qualify for the deduction. Remember to keep proper documentation to support your claim in case of an audit.

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