Home Office Deduction

Overview

More U.S. taxpayers are earning income that allows them to deduct business expenses, often from home offices. To qualify for a home-office deduction, specific rules must be met. This course covers qualifications, expense methods, daycare facility rules, recordkeeping, and relevant tax forms for home-office deductions.

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License or Certification 

 

Regulator 

 

Type 

 


Objectives

  • identify the home-office deduction qualification rules
  • detect the types of home office use to which the exclusive use requirement does not apply
  • identify the various types of taxpayer expenses that may be used to support a deduction for business use of a home
  • identify the rules applicable to the simplified method of figuring the home-office deduction
  • identify the tax forms on which a home-office deduction should be taken to recognize the recordkeeping requirements applicable to documents supporting a taxpayer's home-office deduction

Tax Year: 2023-2024

Designed For:

CPAs, EAs, and other tax professionals


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Course Information

Adding additional credit may change exam requirements.

Advanced Preparation: None