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GC 400C4 Schedule C, Disbursements, Fiduciary and Form

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GC 400C4 Schedule C, Disbursements, Fiduciary and Form

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jj the cpa here hope you're doing well for the self-employed those that file schedule c or schedule f be sure that you're really analyzing can you take advantage of the home office deduction the home office deduction the irs a number of years ago came out with a simplified method and it's this it's how many square feet in your house are you using and dedicating to a home office how many square feet is it you take that times five bucks and that's your home office deduction now it is a maximum of 300 square feet that you get to include so if you're using 400 square feet well for the simplified method you only get to include up to 300 feet times five bucks which is then a fifteen hundred dollar deduction now on form 8829 that's where this is in essence tied into which is the home office deduction but where you see this in that calculation is directly on schedule c and it's on line 30. now on schedule f it's pulled fro

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