Taxes Made Easy-2022 Home Business Use Expenses & Deductions

What you'll learn
By the end of this course you will be able to complete a tax return reporting expenses and claiming deductions for business use of your home
Learn the fundamentals of the business use of your home deduction
Learn about what expenses you can claim and deduct
Learn about depreciation and the section 179 deduction
Learn what qualifies your home as a principal place of business
Learn about record keeping and what supporting documents you should keep
Requirements
A willingness to learn business use of your home tax filing the easy way.
Description
Adding business use of your home expenses to your tax return can highly benefit the total deduction amount you claim on your returns.This course is designed to help you understand the tax rules and requirements around the business use of your home tax deduction.You'll learn all the fundamentals of reporting and filing your the home business use section of your return. You will also learn about the deductions you can claim for expenses you paid while using your home for business along with the rules that qualify your home as a primary place of business.You'll learn how to calculate the business percentage of your home and you'll learn about depreciation, the section 179 deduction and deduction limits.This course contains 42 lectures and 1 hour of content. This Taxes Made Easy- Business Use of Your Home course and is designed for anyone and any type of learner, Regardless of your level of tax experience or your level of tax understanding.By the end of this course, you'll have a good understanding of completing the business use of your home tax section as well as home use definitions, rules and requirements. You will also have a good understanding of qualifying home use expenses and deductions.
Overview
Section 1: Introduction
Lecture 1 Introduction & Welcome
Lecture 2 About The Instructor
Lecture 3 Disclaimer
Lecture 4 Course Purpose
Section 2: The IRS Meaning of the Term "Home"
Lecture 5 The IRS's Meaning of the Term "Home"
Lecture 6 Business Use of Your Home Qualification Rules
Section 3: Meanings & Definitions
Lecture 7 Exclusive Use, Regular use and Trade or Business Use
Lecture 8 Special Exceptions
Section 4: Principle Place of Business Qualification Details
Lecture 9 Principle Place of Business Qualifications
Lecture 10 Part Time Usage of Primary Place of Business
Lecture 11 More Than One Trade or Business Use
Lecture 12 Shared Usage and Joint Ventures
Lecture 13 Places To Meet Patients, Clients and Customers
Lecture 14 Separate Structures
Lecture 15 Part-Year Usage
Section 5: Expense Calculation Types and Business Percentages
Lecture 16 Actual Expenses vs. The Simplified Method
Lecture 17 Business Percentage
Section 6: Types of Expenses & Deductions
Lecture 18 Direct, Indirect and Unrelated Expenses
Lecture 19 Mortgage Interest & Excess Mortgage Interest
Lecture 20 Mortgage Insurance Premiums
Lecture 21 Real Estate Taxes
Lecture 22 Home & Renters Insurance
Lecture 23 Rent Payments
Lecture 24 Repairs & Maintenance
Lecture 25 Utilities & Services
Lecture 26 Telephone & Cell Phone Expenses
Lecture 27 Security Systems
Lecture 28 Expenses Related to Tax-Exempt Income
Lecture 29 Sharing Space & Joint Venture Expenses
Lecture 30 Sharing a Home With a Roommate or Tenant
Section 7: Certain Business Property & Business Equipment
Lecture 31 Special Rules
Lecture 32 Section 179 Deduction
Lecture 33 Depreciation
Lecture 34 Home Depreciation
Lecture 35 Listed Property
Lecture 36 Property Purchased For Business Use
Section 8: Deduction Limits
Lecture 37 Deduction Limit Rules
Lecture 38 Carryover of Unallowed Expenses
Section 9: Recordkeeping
Lecture 39 Recordkeeping Suggestions
Section 10: Course Resource Links
Lecture 40 Course Resource Links
Section 11: Course Bibliography & Thank You!
Lecture 41 Course Bibliography
Lecture 42 Thank You for Attending!
Learners interested in knowing how to file a tax return containing business use of your home expenses and deductions.,Learners interested in knowing what expenses and tax deductions can be claimed for the business use of their home.


Homepage

https://www.udemy.com/course/taxesmadeeasy-2022homebusinessuseexpensesanddeductions/