2017 _ Form 1040 _ Tax Returns - Laserfiche WebLink

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Expenses for Business Use of Your Home Part of Your Home Used for Business 1 Area used regularly and exclusively for business, regularly for daycare, or for storage of inventory or product samples (see instructions) 2 Total area of home 3 Divide line 1 by line 2. Enter the result as a percentage For daycare facilities not used exclusively for business, go to line 4. All others, go to line 7. 4 Multiply days used for daycare during year by hours used per day 5 6 Divide line 4 by line 5. Enter the result as a decimal amount 7 Business percentage. For daycare facilities not used exclusively for business, multiply line 6 by line 3 (enter the result as a percentage). All others, enter the amount from line 3 Figure Your Allowable Deduction 8 Enter the amount from Schedule C, line 29, plus any gain derived from the business use of your derived from the business use of your home 9 Casualty losses (see instructions) 10 Deductible mortgage interest (see instructions) 11 Real estate taxes (see instructions) 12 Add lines 9, 10, and 11 13 Multiply line 12, column (b) by line 7 14 Add line 12, column (a) and line 13 15 Subtract line 14 from line 8. If zero or less, enter -0- 16 Excess mortgage interest (see instructions) 17 Insurance 18 Repairs and maintenance File only with Schedule C (Form 1040). Use a separate Form 8829 for each home you used for business during the year. Go to OMB No. 1545-0074 Department of the Treasury Internal Revenue Service Attachment Sequence No. 176 Form 8829 Name(s) of proprietor(s) (a) Direct expenses (b) Indirect expenses 19 Utilities 20 Other expenses (see instructions) 21 Add lines 16 through 2122 Multiply line 22, column (b) by line 723 Carryover of prior year operating expenses (see instructions)24 Add line 22, column (a), line 23, and line 24 25 Allowable operating expenses. Enter the smaller of line 15 or line 2526 Limit on excess casualty losses and depreciation. Subtract line 26 from line 15 27 Excess casualty losses (see instructions) 28 Depreciation of your home from line 41 below 29 30 Add lines 28 through 3031 Allowable excess casualty losses and depreciation. Enter the smaller of line 27 or line 3132 Add lines 14, 26, and 3233 Casualty loss portion, if any, from lines 14 and 32. Carry amount to Form 4684 (see instructions)34 Allowable expenses for business use of your home. and on Schedule C, line 30. If your home was used for more than one business, see instructions 35 Enter the smaller of your home's adjusted basis or its fair market value (see instructions) 36 Value of land included on line 3637 Basis of building. Subtract line 37 from line 3638 Business basis of building. Multiply line 38 by line 7 Depreciation of Your Home 39 Depreciation percentage (see instructions)40 Depreciation allowable (see instr.). Multiply line 39 by line 40. Enter here and on line 29 above 41 Operating expenses. Subtract line 26 from line 25. If less than zero, enter -0- 42 Excess casualty losses and depreciation. Subtract line 32 from line 31. If less than zero, enter -0- Carryover of Unallowed Expenses to 2018 For Paperwork Reduction Act Notice, see your tax return instructions.Form 8829 (2017) 1 2 3 4 5 6 7 24 25 26 30 31 32 33 34 35 36 37 38 39 40 41 42 27 28 29 22 23 8 9 10 11 12 13 14 15 16 17 18 19 20 21 % Part IV Your social security number Part III 2017 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . UYA hr. Rent . . . . . . . . . . . . . . . . . . . . . . . . . 43 43 hr. (99) Subtract line 34 from line 33. Enter here % % Part I Part II home, www.irs.gov/Form8829 . . any loss from the trade or business not minus (see instructions). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . for instructions and the latest information. Shanon M Larimer 302-86-8984 250 1650 15.15 0 8760 15.15 56,896. 8,574. 3,728. 12,302. 1,864. 1,864. 55,032. 800. 2,623. 3,423. 519. 519. 519. 54,513. 958. 958. 958. 3,341. 3,341. 311,000. 311,000. 47,117. 2.033 958. 0. 0.