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28:25
YouTube
Teach Me! Personal Finance
IRS Form 8829 walkthrough (Expenses for Business Use of Your Home)
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Want to claim your home office on your taxes? Here’s how to do it right using IRS Form 8829 👇 We walk you through the full process of claiming the home office deduction for your business: Determine eligibility – Your home office must be used regularly and exclusively for your business, and it must be your principal place of business. Calculate the business use percentage – Measure the square footage of your dedicated office space and divide it by the total square footage of your home. This give
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Want to claim your home office on your taxes? Here’s how to do it right using IRS Form 8829 👇 We walk you through the full process of claiming the home office deduction for your business: Determine eligibility – Your home office must be used regularly and exclusively for your business, and it must be your principal place of business. Calculate the business use percentage – Measure the square footage of your dedicated office space and divide it by the total square footage of your home. This give
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