Form 8829 is used to claim the home office deduction by calculating the business-related portion of home expenses. Self-employed individuals and freelancers can deduct costs such as rent, utilities ...
One of the most popular deductions taken by self-employed taxpayers is the home office deduction. In fact, according to the latest data from the IRS, nearly 3.4 million taxpayers claimed the deduction ...
home office deduction, the details will be reported here. Part I will help you determine the appropriate percentage of rent, utilities, etc., you can deduct because of your home office. . Direct ...