Business and Farm
Schedule C Profit or Loss From a Business
- How do I report Suspended or Unallowed Loss on a Schedule C?
- As a professional gambler, should I file a Schedule C or report my winnings and losses via W-2G?
- What is Form 7205
- What is Form 461, Limitation on Business Losses?
- Where do I enter my Energy Efficient Commercial Buildings Deduction (Form 7205)?
- I made payments in 2024 that would require me to file Form(s) 1099
Qualified Business Income
- How do I complete the Qualified Business Income Deduction section of my Schedule C, E or F?
- Did I have an NOL last year? How to Determine Your Prior Year Qualified Business Loss and Net Operating Loss (NOL)
- What is the Qualified Business Income Deduction (QBID)?
- How do I report my Qualified Business Income Deduction (QBID) carryover amount?
- Why isn't my K-1 income being used to calculate the Qualified Business Income (QBI) on Form 8995?
- How do I complete form 8995?
Schedule F Profit or Loss from Farming
Business Expenses
- What types of items can I write off as a social media content creator?
- What's the difference between an independent contractor and an employee?
- Where do I report my business start-up costs?
- What can be deducted as car and truck expenses?
- What percent of meal expenses are deductible on Form Schedule C?
- What are the Standard Mileage Rates?
Business Use of Home
- How do I Use the Simplified Method for Business Use of Home (Form 8829)?
- When do I qualify to take a deduction for the business use of my home?
- Business Use of Home - What expenses can be deducted?
- When May I Deduct the Business Use of Home?
- What is the difference between "Direct Expenses" and "Indirect Expenses"?
Depreciation
- How do I calculate the allowable depreciation using the Mid Quarter Convention?
- What are the types of Depreciable Property Methods?
- What is Bonus or Special Depreciation?
- What is Mid-Quarter Property?
- What is Listed Property?
- What is depreciation?