Is There a Coworking Tax Deduction?
Workers who rent a traditional office can claim it as a business expense, and home-office users may qualify for a deduction. Coworking locations are no different, and a coworking tax deduction is available for remote workers and digital nomads. While it’s important to consult a tax professional, in most cases your coworking membership fee is fully deductible as a business expense. Claim the deduction on your Schedule C, on line 20, “Rent,” just as you would claim the cost…