Home Office Deduction#291816
This course has been archived and cannot be purchased.
Credit
Amount
CPA
3
EA / OTRP
3
Course Description
Course publication/revision date: This course was updated on 4/22/2016.
Course Information
Home Office Deduction examines the federal income tax deduction for business use of a home. It addresses the qualifications for a home office deduction and the actual expense and simplified methods of determining the deduction. In addition, it discusses the special home-office deduction rules applicable to daycare facilities and the recordkeeping requirements applicable to taking a home office deduction. It considers where the deduction should be taken and the forms a tax preparer should use in connection with the deduction