Form 8829 is used to claim the home office deduction by calculating the business-related portion of home expenses. Self-employed individuals and freelancers can deduct costs such as rent, utilities ...

If you work from home, you may be able to deduct your business-related expenses. But if you don't qualify for that, you could be eligible for the "home office tax deduction." This tax break lets you ...

When filing your taxes as a small business, one important and time-consuming area is gathering and recording tax deductions related to the company. Deductions range from standard business expenses, ...

home office deduction, the details will be reported here. Part I will help you determine the appropriate percentage of rent, utilities, etc., you can deduct because of your home office. . Direct ...

One of the most popular deductions taken by self-employed taxpayers is the home office deduction. In fact, according to the latest data from the IRS, nearly 3.4 million taxpayers claimed the deduction ...