Home Office Deduction
Many people generate income from business activities in their homes. Depending on the circumstances, it may be possible to claim a deduction on the business use of your home. In the Home Office Deduction course, we cover the IRS tests that must be passed in order to take a home office deduction, as well as how to calculate the deduction. In addition, we address home office deduction issues relating to the sale of your home, business furniture and equipment, and how to maintain appropriate records for the deduction.
Format
PDF Course
Level
Overview
Duration
1 Hour
Course Information
Author: Steven Bragg
Course Number: TX1034
IRS Program Number: 72821-T-00087-25-S
Learning Objectives
- State the tests that must be met in order to qualify for the home office deduction.
- Specify the exclusions from the home office deduction tests.
- Recall the mechanics of how the actual expenses method and simplified method are used to determine the home office deduction.
Level: Overview
Instructional Method: QAS Self-Study
NASBA Category: Taxes
Prerequisites: None
Advance Preparation: None
Latest Review Date: April 2025
Program Registration Requirements: Click on the Enroll button to pay for and access the course. You will then be able to download the course as a PDF file, then take an on-line examination, and then download a certificate of completion if you pass the examination.
Program Refund Policy: For more information regarding administrative policies concerning complaints, refunds, and other matters, see our policies page.