9112018 2.00

Author: Annette Nellen

CPE Credit:  2 hours for CPAs
2 hours Federal Tax Related for EAs and OTRPs
2 hours Federal Tax Law for CTEC

Home office expenses might be one of the most feared business deductions due to concern over disallowance by the IRS. Thus, many taxpayers entitled to the deduction don’t claim it. 

This course covers the rules on who qualifies for a home office deduction, including the different standards for employees and business owners. The range of expenses that qualify, how to distinguish personal versus business expenses of the home, when and how to use the simplified method, and reporting requirements are covered. Key IRS rulings and court decisions are used along with the statutory provisions. Due diligence considerations are also covered.

Publication Date: January 2018

Designed For
Practitioners seeking a better understanding or review of the home office deduction rules and common issues that can arise and how to avoid them.

Topics Covered

  • Who may claim a home office deduction?
  • What expenses qualify
  • The simplified method and when it is advantageous
  • A review of key rulings on this topic
  • Planning Considerations
  • Due diligence considerations and avoiding problems


Learning Objectives

  • Identify when an individual is entitled to a home office deduction
  • Calculate a home office deduction
  • Recognize due diligence steps to avoid problems
  • Recognize congressional acts initially provided definitive rules relating to deductions for expenses attributable to the business use of a home
  • Identify the first question a taxpayer should assess
  • Differentiate correct statements with respect to the assessment of the principal place of business
  • Identify an expense that can be deducted whether or not there is business use of a home
  • Differentiate statements regarding simplified home office deduction
  • Recognize court rulings related to the home office deduction
  • Identify IRC Sections prescribes the primary rules and requirements with respect to the home office deduction
  • Idenitfy the next question to be asked if a taxpayer determines that part of their home is used in connection with a trade or business
  • Describe a dwelling unit for purposes of §280A
  • Recognize which schedule telecommuting employees should include their expenses
  • Identify a typical expense a taxpayer can deduct if the taxpayer's space in their home qualifies as a home office
  • Identify the maximum allowable square footage if a taxpayer elects use of the simplified method
  • Identify a common area where taxpayers encounter problems with respect to the home office deduction

Additional Course Details

  • Author: Annette Nellen
  • Publisher: Wolters Kluwer
  • Course Level: Basic
  • Pre-Requisites: None
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