At a free IRS workshop last fall in Chicago, the speaker said home office deductions are a red flag for audits but also the biggest missed write-off for solopreneurs. Half the room said claim it anyway, the other half said no way. Which side are you on?
I miscalculated my quarterly payments by $1400 last year and had a panic moment with the IRS notice, but this quarter I dialed it in perfectly using the safe harbor rule and even had a $200 buffer left over - anyone else use the 110% trick to avoid penalties?