Home Office Tax Deduction | How to Write Off Home Expenses скачать в хорошем качестве

Home Office Tax Deduction | How to Write Off Home Expenses

Keeper is delightfully smart tax filing software that’s especially useful for people with 1099 contracting & freelance income. Connect your bank to automatically uncover tax breaks & personalize.. Get started with the app: https://keeper.tax/e/SH28cexnmkb Our website: https://www.keepertax.com/ —————————————————————————————————— If you’re a freelancer, independent contractor, or self-employed person who works from home, you should be taking the home office tax deduction. Otherwise, you’re leaving money on the table at tax time. In this video, we’ll go over the IRS rules for the home office deduction. These are much less restrictive than most self-employed people realize. In fact, a lot of them are overpaying in taxes because they don’t realize they’re eligible to write off home expenses — or because they’re afraid of an audit. In this video, we’ll break down exactly what the IRS will and won’t allow so you can avoid stress while saving on your home expenses. The key things to know: you don’t have to be working out of a separate room, and you only have to use your home office once a week. If you only use it for part of the year, you can take the home office tax deduction for just those months. What you CAN’T do is claim the home office alongside a separate workspace — say, a studio lease or a coworking space— within the same month. Once you’re clear on the rules for this tax break, we’ll get into how to take the home office deduction — including figuring out the percentage of your expenses you can deduct. Finally, we’ll talk about exactly which home expenses you can write off. (Spoiler alert: Even toilet paper can be a write-off!) TIMESTAMPS 00:00 - Intro 02:19 - Who can write off a home office? 03:10 - Home office rules 06:18 - How much of your home expenses can you write off? 07:27 - What home office expenses can you write off? —————————————————————————————————— QUIZ: CAN I CLAIM HOME OFFICE EXPENSES? https://www.keepertax.com/home-office... —————————————————————————————————— SUBSCRIBE HERE    / keepertax   Here at the Keeper channel, we create resources to help you save on your taxes. Subscribe to watch us break down your tax bill, dig into write-offs, debunk tax myths, and more. #SelfEmployed #Freelancer #TaxDeductions —————————————————————————————————— FREE TAX RESOURCES 1099 Tax Calculator: https://www.keepertax.com/1099-tax-ca... How Much Should I Set Aside for Taxes?: https://www.keepertax.com/self-employ... Quarterly Tax Calculator: https://www.keepertax.com/quarterly-t... —————————————————————————————————— OTHER VIDEOS TO WATCH Tax Write-Offs Explained:    • Tax Write-Offs Explained | Tax Deductions ...   Writing Off Travel Expenses:    • Business Meal Tax Deduction | How to Write...   Business Meal Tax Deduction:    • Business Meal Tax Deduction | How to Write...