I've been working from home for a couple years now but somehow I can never seem to take advantage of any "home office" deductions or credits. I think it's because I don't really have a big,separate office space- just a small section of the living room, lol. In the past, whenever I've tried to add up the expenses and do an itemized deduction, it never comes out better than me just taking the standarized deduction.
Am I missing something? Everyone I talk to thinks there should be some great tax benefits from working at home but I'm just not seeing it.