Income Tax-Business Use of Home Deduction

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Income Tax-Business Use of Home Deduction​

Income tax deduction for the business use of your home with demonstrations using tax forms and running tax scenarios

What you'll learn​

• Tax benefits of the business use of your home deduction
• How to Qualify for the business use of your home deduction
• How to calculate the business use of your home deduction
• Rules for a daycare facility
• How and when to use the simplified method to calculate the business use of your home deduction
• Best practices for recordkeeping related to the business use of your home deduction

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