Home Office Deduction

Study Level: Basic
Delivery Method:  Online self-study
Provider of Record: WebCE
Tax Year: 2018
Prerequisites:  None

Course Description

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.

Learning Objectives

Upon completion of this course, a tax return preparer should be able to:

  • 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
  • recognize the recordkeeping requirements applicable to documents supporting a taxpayer’s home-office deduction

Revised: Jan. 2018

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