Lunch & Learn: Business Use of Home

Business Use of Home

• Simplified home office deduction *Qualifying your business use of the home deduction -- exclusive use test
• Regular use test
• Principal place of business test
• Activities that don't disqualify your home office
• Meeting place for customers test
• Separate structure test
• Deduction limits
• Expenses related to the business activity in the home *Deduction limits
• and more!