Index of Publication 587 - Business Use of Your Home (Including Use by Day-Care Providers)

A

Adjusted basis defined, Adjusted basis defined.

Administrative or management activities, Administrative or management activities.

Assistance, See: Tax help

Attorneys, Place To Meet Patients, Clients, or Customers

B

Business expenses not for use of home, Business expenses not for the use of your home.

Business percentage, Business Percentage

Business use of the home requirements, See: Qualifying for a deduction

C

Carryover of expenses, Carryover of unallowed expenses.

Casualty losses, Casualty Losses

Child and Adult Food Care Program reimbursements, Reimbursements you receive from a sponsor...

Comments on publication, Comments and suggestions.

D

Daycare facilities:

Eligible children for standard meal and snack rates, Standard meal and snack rates.

Exceptions for regular use requirement, Daycare Facility

Family daycare, Standard meal and snack rates.

Family daycare provider, Standard meal and snack rates.

Meals, Meals., Standard meal and snack rates.

Regular use, Daycare Facility

Standard meal and snack rates, Standard meal and snack rates.

See also: Family daycare providers

Deducting expenses, Deducting Expenses

Deduction limit, If your gross income from the business use...

Deduction requirements:

Employee use, Additional tests for employee use.

Exceptions to exclusive use, Exceptions to Exclusive Use

Exclusive use, Exclusive Use

More than one trade or business, More Than One Trade or Business

Place to meet clients, Place To Meet Patients, Clients, or Customers

Principal place of business, Principal Place of Business

Regular use, Regular Use

Separate structure, Separate Structure

Storage of inventory or product samples, Storage of inventory or product samples.

Trade or business use, Trade or Business Use

Deductions:

Figuring, Figuring the Deduction, Part 2—Figure Your Allowable Deduction

Limit, If your gross income from the business use...

Qualifying for, Qualifying for a Deduction, Example.

Unreimbursed partnership expenses, Deducting unreimbursed partnership expenses.

Dentists, Place To Meet Patients, Clients, or Customers

Depreciation:

Adjusted basis, Adjusted basis defined.

Fair market value, Fair market value defined.

Figuring depreciation for the current year, Figuring the Depreciation Deduction for the Current Year

Home, Depreciating Your Home

Nonresidential real property, Figuring the Depreciation Deduction for the Current Year

Percentage table for 39-year nonresidential real property, Depreciation table.

Permanent improvements, Permanent improvements., Depreciating Permanent Improvements

Depreciation of home, Depreciating Your Home

Doctors, Place To Meet Patients, Clients, or Customers

E

Employee use of home, Additional tests for employee use.

Employees:

Adequately accounting to employer, Adequately accounting to employer.

Casualty losses, Casualty losses.

Mortgage interest, Deductible mortgage interest., Qualified mortgage insurance premiums.

Other expenses, Other expenses.

Real estate taxes, Real estate taxes.

Rental to employer, Rental to employer.

Example:

Form 4562, Schedule C Example

Form 8829, Form 8829, Part I.

Schedule C, Schedule C Example, Schedule C.

Exclusive use, Exclusive Use

Expenses:

Casualty losses, Casualty Losses

Deducting, Deducting Expenses

Direct, Types of Expenses

Examples of, Examples of Expenses

Indirect, Types of Expenses

Insurance, Insurance

Mortgage interest, Deductible Mortgage Interest, Qualified Mortgage Insurance Premiums

Real estate taxes, Real Estate Taxes

Related to tax-exempt income, Expenses related to tax-exempt income.

Rent, Rent

Repairs, Repairs

Security system, Security System

Telephone, Telephone.

Types of, Types of Expenses

Unrelated, Types of Expenses

Utilities and services, Utilities and Services

Where to deduct, Where To Deduct

F

Fair market value, Fair market value defined.

Family daycare providers:

Meal and snack log (Exhibit A), Exhibit A.mFamily..., If you use the standard meal and snack rates,...

Standard meal and snack rates, Standard meal and snack rates.

2006 rates (Table 3), The standard meal and snack rates include...

Figuring the deduction:

Business percentage, Business Percentage

Deduction limit, If your gross income from the business use...

Part-year use, Part-Year Use

Form, Forms (and Instructions), If you are self-employed and file Schedule..., If you itemize your deductions, be sure to...

1040, Schedule C:

Filled in, example, Schedule C Example, Finally, he figures his total deduction for...

1040, Schedule F, If you file Schedule F (Form 1040), enter...

2106, Employees

4562, Form 4562., Finally, he figures his total deduction for...

4684, If you are using Form 8829, refer to the...

8829, If you have a casualty loss on your home...

Completed sample (Figure B), Mary completes Form 8829, shown later. In...

W-2:

Reimbursed expenses, If you claim car expenses, you use the standard...

Free tax services, How To Get Tax Help

H

Help, See: Tax help

Home:

Business percentage, Business Percentage

Defined, (Introduction)

Depreciation, Depreciating Your Home

Home expenses, Can you deduct business use of, Figure A, Principal Place of Business

I

Improvements, See: Permanent improvements

Insurance, Insurance

Inventory, storage of, Storage of inventory or product samples.

M

MACRS percentage table:

39-year nonresidential real property, Depreciation table.

Meals, Meals.

Meeting with patients, clients, or customers on premises, Place To Meet Patients, Clients, or Customers

More information, See: Tax help

More than one place of business, More than one place of business.

More than one trade or business, More Than One Trade or Business

Mortgage insurance premiums, Qualified Mortgage Insurance Premiums

Mortgage interest, Deductible Mortgage Interest

P

Part-year use, Part-Year Use

Partners, Partners

Partnership expenses, unreimbursed, Deducting unreimbursed partnership expenses.

Permanent improvements, Permanent improvements., Depreciating Permanent Improvements

Personal property converted to business use, Personal Property Converted to Business Use

Place of business, more than one, More than one place of business.

Principal place of business, Principal Place of Business

Product samples, Storage of inventory or product samples.

Property converted to business use, Personal, Personal Property Converted to Business Use

Publications, See: Tax help

Q

Qualifying for a deduction, Qualifying for a Deduction

R

Real estate taxes, Real Estate Taxes

Recordkeeping, Recordkeeping

Recordkeeping requirements:

Family daycare provider meal and snack log (Exhibit A), Exhibit A.mFamily..., You can use either the standard meal and...

Regular use, Regular Use

Reminders, Reminders

Rent, Rent

Rental to employer, Rental to employer.

Repairs, Repairs

S

Schedule C Example, Schedule C Example

Section 179:

Personal property converted to business use, Personal Property Converted to Business Use

Security system, Security System

Self-employed persons:

Deduction of expenses, Self-Employed Persons

Separate structure, Separate Structure

Standard meal and snack rates, Standard meal and snack rates.

Storage of inventory, Storage of inventory or product samples.

Suggestions for publication, Comments and suggestions.

T

Tables and figures:

MACRS:

Depreciation of home (Table 2), Depreciation table.

Qualifying for deduction (Figure A), Can you deduct business use of the home expenses?

Types of expenses (Table 1), Types of Expenses

Tax help, How To Get Tax Help

Taxpayer Advocate, Contacting your Taxpayer Advocate.

Telephone, Telephone.

Trade or business use, Trade or Business Use

TTY/TDD information, How To Get Tax Help

Types of expenses, Types of Expenses

U

Utilities, Utilities and Services

W

Where to deduct expenses, Where To Deduct

Worksheet, instructions, Instructions for the Worksheet