IRS Form 8829 - Home Office Deductions

Self Employed persons that work from home may be eligible to deduct a portion of their home office expenses each tax year.

The IRS has strict rules regarding what expenses are eligible and under what circumstances the taxpayer may deduct home office expenditures.

In this video, I will discuss the following topics:

1. What qualifies as a home office.
2. What taxpayers are eligible to deduct home office expenses.
3. Which expenses are eligible.
4. What are the deductible limitations

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#Taxes #IRS #HomeOffice #Form8829

DISCLAIMER: I am a licensed attorney and certified public accountant (CPA) in the State of Florida. I am not a financial advisor. The information provided in this video is for entertainment purposes only. No such communication is provided in the course of an attorney-client relationship, and no communication is intended to constitute legal advice. You should speak with your own tax and legal professionals to discuss your circumstances before performing any of the tax, legal, or accounting strategies demonstrated in this video. Thank you.