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 furniture and equipment, Business Furniture and Equipment

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, Meals.

Computer:

Listed property, Listed Property

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, Meals., 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, Part 2—Figure Your Allowable Deduction, Figuring the 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, Property Bought for Business Use

5-year property, Depreciation

7-year property, 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

Furniture and equipment, Business Furniture and Equipment, Depreciation

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., If 2011 was the first year you used your...

Permanent improvements, Permanent improvements., Depreciating Permanent Improvements

Depreciation of home:

Basis adjustment, Basis Adjustment

MACRS (Table 2), Depreciation table., If 2011 was the first year you used your...

Property bought for business use, Depreciation

Sale or exchange of home, Depreciation

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, Worksheet To Figure the Deduction for Business...

Form 8829, Form 8829, Part I., Worksheet To Figure the Deduction for Business...

Schedule C, Schedule C Example, Schedule C., Worksheet To Figure the Deduction for Business...

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), Standard meal and snack rates.

Standard meal and snack rates:

2011 rates (Table 3), Standard meal and snack rates.

Figuring the deduction:

Business percentage, Business Percentage

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

Part-year use, Part-Year Use

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

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..., Reporting and recordkeeping requirements.

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

8829, Use lines 1-7 of Form 8829, or lines 1-3..., Form 8829 and the Worksheet To Figure the..., If you have a casualty loss on your home...

Completed sample, Worksheet To Figure the Deduction for Business..., Mary completes Form 8829, shown later. In..., Mary paid $500 to have the basement painted....

W-2:

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

Free tax services, Free help with your return.

Furniture and equipment, Business Furniture and Equipment

H

Help, See: Tax help

Home:

Business percentage, Business Percentage

Defined, (Introduction)

Depreciation, Depreciating Your Home

Sale of, Sale or Exchange of Your Home

Home expenses, Can you deduct business use of, Figure A, Can you deduct business use of the home expenses?, Kathleen must meet the convenience-of-the-employer...

I

Improvements, See: Permanent improvements

Insurance, Insurance

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

L

Listed property:

Years following the year placed in service, Years following the year placed in service.

M

MACRS percentage table:

39-year nonresidential real property, Depreciation table., If 2011 was the first year you used your...

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

More-than-50%-use test, More-than-50%-use test.

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 bought for business use:

Depreciation, Depreciation

Section 179 deduction, Property Bought for Business Use, Section 179 Deduction

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:

Business furniture and equipment, Reporting and recordkeeping requirements.

Family daycare provider meal and snack log (Exhibit A), Standard meal and snack rates.

Regular use, Regular Use

Reminders, Reminders

Rent, Rent

Rental to employer, Rental to employer.

Repairs, Repairs

Reporting requirements:

Business furniture and equipment, Reporting and recordkeeping requirements.

S

Sale or exchange of your home, Sale or Exchange of Your Home

Basis adjustment, Basis Adjustment

Depreciation taken, Depreciation

Ownership and use tests, Ownership and use tests.

Schedule C Example, Schedule C Example

Section 179, Section 179 Deduction

Furniture and equipment, Business Furniture and Equipment, Listed Property

Listed property, Business Furniture and Equipment, Listed Property

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

Property bought for business use, Property Bought for 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.

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?

Standard meal and snack rates (Table 3), Table 3. July 1, 2010 – June 30, 2011 Standard Meal and Snack Rates

Types of expenses (Table 1), Types of Expenses

Tax help, How To Get Tax Help

Taxpayer Advocate, Taxpayer Advocate Service.

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:

Employees, Employees

Self-employed, Self-Employed Persons

Worksheet, instructions, Instructions for the Worksheet