Form 8829 - Business Use of Your Home

FORM 8829 Information

Use Form 8829 to figure the allowable expenses for business use of your home on Schedule C (Form 1040) and any carryover to 2015 of amounts not deductible in 2014. You must meet specific requirements to deduct expenses for the business use of your home. Even if you meet these requirements, your deductible expenses may be limited. Part IV is used to figure any allowable carryover of expenses that are more than the limit.

For details, see Publication 587, Business Use of Your Home (Including Use by Daycare Providers).

Who Cannot Use Form 8829

Do not use Form 8829 in the following situations:

1. You are claiming expenses for business use of your home as an employee or a partner, or you are claiming these expenses on Schedule F (Form 1040); rather, complete the worksheet in Pub. 587.
2. All of the expenses for business use of your home are properly allocatable to inventory costs. Instead, figure these expenses in Schedule C, Part III.
3. You have elected to use the simplified method for this home for 2014. If you had more than one home during the year that you used for business, you may use the simplified method for only one home. Use Form 8829 to claim expenses for business use of the other home. For more information about the simplified method, see the Instructions for Schedule C and Publication 587.

Article ID: 57
Created: Thu, Jul 14, 2016
Last Updated: Tue, Jan 17, 2017

Online URL: //kb.erosupport.com/article-57.html