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IRS ISSUES CLARIFICATION ON HOME OFFICE DEDUCTION

 DENVER, Feb. 22 /PRNewswire/ -- A clarification of the Services' position concerning the home office deduction for pre-1992 income tax returns has been issued by Joe Page, chief, examination division, Denver District, Internal Revenue Service. The clarification is in light of the recent Supreme Court decision in Commissioner v. Soliman.
 According to Page, "Home office deductions will not be disallowed, provided the taxpayers reasonably followed the previously existing guidance set forth in Publication 587, Business Use of Your Home, and proposed regulation 1.280A-2(b)(3)." This regulation cites as an example of an allowable deduction for home office as an outside salesperson who has no office space except at home. Page said, "Provided that a taxpayer's particular work situation was reasonably similar to this example, the deduction will not be challenged by the Internal Revenue Service for pre-1992 returns."
 Page also added, "Returns filed for tax years 1992 and after will have to conform to the more stringent guidelines established in Commissioner v. Soliman."
 Taxpayers may obtain a copy of the Publication 587 by calling 800-829-3676. Questions concerning this or other federal tax matters should be directed to 303-825-7041, in the Denver Metro area, or 800-829-1040 elsewhere in Colorado.
 -0- 2/22/93
 /CONTACT: Rosemary Campbell of the Internal Revenue Service, 303-446-1650/


CO: Internal Revenue Service ST: Colorado IN: SU:

BB -- DV006 -- 9108 02/22/93 17:42 EST
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Date:Feb 22, 1993
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