Business Tax Deduction Worksheet. For tax deduction purposes, people who run a home business should fill out this free, printable worksheet. Consider this a checklist of small business tax write-offs.
Tax deductions can be complicated, so let eFile.com help you with your deductions if this information overwhelms you.
In some cases, expenses might need to be amortized.
Small Business Tax Deductions Worksheet
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Record and total the cost of the house, land and property, the rooms, the square footage, the amount used for business and the cost of upkeep, rent. In order to qualify, there must be a specified area in the home used. Deduct all licenses and fees, as well as taxes on any real estate your business owns.
