CCH Learning Center

Home Office: Expenses and Deductions (2005-2006 Edition)

Home Office: Expenses and Deductions guides you through the ins and outs of maximizing business deductions for home offices. The course explains what expenses can be deducted and where the deductions are claimed. It contains detailed, clear explanations and practical examples of how the tax law is applied. The following is also covered:

• Filled-in Form 8829 illustrating the deduction for home office expenses;
• Worksheet for determining the maximum home office deduction;
• Worksheets for determining the correct taxable gain when a home that was used partially as an office is sold.