What can I deduct for my work at home job on my 2012 taxes as expenses?

I have a job I do from home where I never leave, I mean never. I get a 1099 so I'm a contact laborer, this is in the US. I have put in all the deductions I can think of, but maybe there is something I'm missing. Office supplies, like ink, paper etc Computer - laptop expense DSL internet connection can't put phone, we use online phone provided by company I have a dedicated office in my house, we put in the square feet thing where you put in the household expenses like power, water, etc. There are no uniforms, no meals for clients, no travel. Am I missing something? Jennifer, you rock! I did not understand about the capital gains, thanks. I did have a number on line 27,accountant did my taxes. The space is completely dedicated to work, no kids, the dsl we did 75% usage for work since it requires me to have a higher speed than I would normally have to upload files, laptap was not depreciated, he took total cost in 2010,no postage, not a student and did not take any courses. Your answer was terrific!

Asked By: Pennstater - 2/22/2013
Best Answer - Chosen by Asker
You do realize that when you take that deduction for home office that you maybe setting yourself up for an increased capital gains tax when you sell your home, or when your beneficiary sells/or takes over use of your home? You need to keep very good records of this deduction because it may not be you that has to close... More
Answered By: Jennifer - 2/22/2013
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