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A Fair Telecommuting Budget?

homework asks: "Last night, I got a call from my boss asking me to define a budget for me to work from home. What items should I include in the figures so that I can show that the use of my home and my personal equipment can be compensated for fairly. Should I include my salary into the figures? Has any other Slashdot reader been in a similar situations and what was the outcome? Were you treated fairly?"

2 of 38 comments (clear)

  1. Look to the IRS by -dsr- · · Score: 5, Interesting

    The IRS defines what things constitute a home office for the purpose of deducting those expenses from your income tax. That's a pretty good guide. For instance, you'll discover that a space which you use 100% for business purposes is easier to account for than a space which you use 20/80 or 50/50... so look at setting a small room aside as your office. Divide your budget into capital costs and recurring costs.

    On the other hand, maybe all of that is overkill. Your actual cost of occasional telecommuting may be as simple as "enable an SSH and IPsec gateway on the corporate LAN, pay a monthly DSL/cable modem/frac-T1 fee".

    1. Re:Look to the IRS by Anonymous Coward · · Score: 2, Interesting

      If you use the IRS deduction for home office, when you sell your house, you'll owe capitol gains on that portion. If you're going to live there forever, great. If not, it's best to loose the deduction and reap the profit of your home appreciation.