1
Type in your first name.
2
Type in your middle initial.
3
Type in your last name.
4
Type in your social security number. Omit the
dashes and just type the 9 digits of your SSN.
5
Enter the total square footage of your home. This
is the sum of the square footage of all the areas
in your home. Another easy way to arrive at this
figure is to measure the outside dimensions of your
home.
6
Enter the square footage of your office space. If
you provide daycare, this footage will include all
the areas of your home that your charges have access
to.
7
If you provide daycare services, answer 'Y' to this.
8
This is the date your home office was placed in ser-
vice as per the instructions in the manual.
9
If you have deducted depreciation on your home office
in the past, enter 'Y' if you elected straightline
depreciation.
10
Your cost or basis in your home is the purchase price
you paid, or your purchase price plus the cost of
improvements to the home, less the value of the land.
The value of the land should be stated on your closing
or purchase papers, or you can contact your county
assessor.
11
This is the amount of interest you paid on your home
for the year. This should be stated on a statement
from your mortgage company.
12
This is the amount of property tax that you paid on
your home for the year. This should be stated on
your mortgage statement or it will be on your property
tax statement for last year. Or you may find the pay-
ments in your checkbook, or you could contact your
county assessor to find out how much you paid for the
year.
13
If you rent your home you may enter the amount that
you paid for rent for the year. If you enter an amount
for Rent, you will not be allowed to enter any amounts
for Home In-Service Date, Depreciation, Cost/Basis,
Mortgage Interest, or Property Tax. These are essen-
tially covered in your rent payment. You will get to
deduct a percentage of your rent.
14
Enter the amount of insurance that you paid on your home
for the year. This should be stated on a statement from
your insurance company. It could also be stated on your
mortgage statement if your insurance is paid from an
escrow account.
15
This is the amount of your heating bills that you paid
for the year. This could be natural gas, LP, oil, or
cords of wood. Hopefully you have saved your bills or
can track the checks paid from your check register. Or
you may be able to get the amount from your utility
company.
16
This is the amount of your electric bills paid for the
year. Hopefully you have saved your electric bills,
can track what you paid in your checkbook, or can
contact your utility company for the amount you paid
during the year.
17
This is the amount of other types of utilities that
you paid for the year such as; rubbish removal, sewer,
water, association fees (in condo's or trailer parks),
etc.
18
This is the amount of maintenance costs you paid for the
year to maintain your home such as; exterior painting,
plumbing & heating maintenance and repairs, etc. These
must be general repairs to the home and not to specific
areas such as rooms.
19
This is the total amount of your business expenses
EXCLUDING Cost of Sales (if you sell a product). All
deductible costs incurred in conducting your business,
excluding the cost of products.
20
This is NOT the amount of your gross income. This is the
amount of your gross sales less the cost of sales (if
you sell a product). If you don't sell a product, then
this is the amount of your gross business income.
21
This is the amount of casualty losses that you incur on
your home such as; fire damage, storm damage, vandalism,
etc. This must be general in nature. Damage to a room
other than the home office is not deductible.
22
If you were not able to deduct all your indirect expenses
last year, you can deduct them this year. They will be
subject to any limitations for this year.
23
If you were not able to deduct all your depreciation
expenses last year, you can deduct them this year. They
will be subject to any limitations for this year.
24
Enter the average number of hours per week that you
cared for others in your home. You can figure the
average hours in a day and multiply that by 5 or the
number of days that you cared for others in a week.
25
Enter the number of weeks during the year that you
provided care for others in your home.
26
If you are self employed and file a Schedule C with
your income tax return, then you are a Schedule C
filer. If you are an outside person (as in sales)
and have to maintain an office at home to perform
your duties, then you are a Form 2106 filer, if
you meet the requirements set by the IRS for a
home office.
27
If you do not want to take a depreciation deduction
on your home (to avoid capital gains later), then
enter 'N' for No to this question.