Principal Place of Business

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Property Payroll deduction Partly Taxable Pensions Prepaid Interest Principal Payments Production Taxes Proprietor Personal and Dependent Exemptions Portfolio Income Public assistance Principal Place of Business Personal Income Tax Permanent and Total Disability Passive Income Partnership Pension Patent Penalties Penalty for Underpayment of Estimated Tax Pension/Annuity Starting Date Percentage Depletion Pensions Principal Residence Personal-Use Property Physical Custody Personal Expenses Personal Property Personal Property Tax Prepaid Expenses Proprietorship Points

Definition of Principal Place of Business:

The place where the majority of the work for a business is performed. If you have multiple businesses, you can have multiple principal places of business; but, if you only have one business you can only have one principal place of business so you may not be able to take a home office deduction if you also have an office elsewhere.

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Principal Place of Business

Definition of Principal Place of Business:

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