How the Home Office Unlocks a Bigger Auto Deduction (CPA Explains)

22.5K views4 months ago8m 43sScore: 85

Mark J Kohler

Pricing & Profitability
intermediate
Tax Strategy

Summary

This video explains how to leverage the home office deduction to maximize your auto deduction for tax purposes. It covers the requirements for the home office deduction (exclusive and regular use), the two methods for claiming auto expenses (mileage vs. actual costs), and the crucial "commuting rule" that prevents the deduction of travel between home and a regular place of business. The key takeaway is that a designated home office space allows you to deduct mileage for trips from home to other business locations, effectively starting your business mileage deduction from your home's doorstep.