Office Expenses, Pensions & Rent Explained (Schedule C Lines 18–20) скачать в хорошем качестве

Office Expenses, Pensions & Rent Explained (Schedule C Lines 18–20)

Office expenses, pensions, and rent deductions explained for Realtors. This lesson breaks down Schedule C Lines 18, 19, and 20, including what truly qualifies as office expenses, which items must be deducted elsewhere, how employee pension and profit‑sharing plans work, and how rent and lease payments are properly reported. You’ll learn the difference between office expenses and supplies, how home office rules affect deductions, when items must be depreciated, how employee retirement contributions differ from owner retirement plans, and how rent for vehicles, equipment, office space, and storage is handled on Schedule C. The lesson also covers prepaid rent, lease inclusion rules, and renting from friends or relatives without triggering IRS problems. 00:00 Introduction 00:37 Office Expenses (Line 18) 04:45 Home Office Expenses Reported on Form 8829 05:28 Pension and Profit-Sharing Plans (Line 19) 07:09 Rent and Lease Overview (Lines 20a and 20b) 07:55 Vehicles, Machinery, and Equipment (Line 20a) 11:13 Rent of Other Business Property (Line 20b) 12:45 Lease and Rent Notes 15:50 Rent Paid to Friends or Relatives