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Real Business Deductions and the Home Office

Real Business Deductions and the Home Office

Updated 9/29/2026

FinanceEN139.0 KB

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What you'll learn

  • Identify whether an expense meets the 'ordinary, necessary, and for the business' test
  • List common deductible business expenses and apply the business-use percentage rule
  • Keep a proper mileage log and distinguish commuting from deductible business travel
  • Determine if a home office meets the regular and exclusive use tests
  • Understand the QBI deduction and know to verify current rules and limits
  • Apply correct limits to vehicle and meal deductions
  • Maintain records that satisfy IRS audit requirements

About

A concise guide for side business owners to understand legitimate tax deductions and keep records audit-proof.

What's inside· 10 lessons
  1. 13. Business Mileage Done Right
  2. 24. The Home Office Deduction
  3. 36. What You CANNOT Write Off
  4. 42. Everyday Business Expenses
  5. 51. The Core Rule: Ordinary, Necessary, and for the Business
  6. 67. Recordkeeping That Survives an Audit
  7. 75. The QBI Deduction
  8. 8Real Business Deductions and the Home Office
  9. 9Real Business Deductions and the Home Office
  10. 10Deduction and Recordkeeping Checklist

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