Question by Entidine: I started a home-based business. Can I take tax deductions on the inclome from my regular job? I started a small Web-based business out of my, mostly for fun and to learn about dot-com stuff. The business isn’t making any money yet and don’t expect it to do so for at least… Continue reading I started a home-based business. Can I take tax deductions on the inclome from my regular job?