Home Office: Area-Ratio Method vs Simplified Flat Rate
This lesson is part of the course
In this lesson
You calculate the home-office deduction for three people both ways – share of the real home costs and a capped flat rate per m² – choose the higher one with MAX and translate the deduction into tax saved.
Buy the course once for $9.99 to unlock every lesson and lab, the final exam and the certificate – lifetime access, no subscription.
Lessons in this course
- The Side-Business Ledger: Categories, Totals & Net Profit Locked
- Mixed-Use Expenses: Business-Use Share & the Personal Part Locked
- Home Office: Area-Ratio Method vs Simplified Flat Rate Locked
- Vehicle Costs: Mileage Rate vs Actual Costs with Depreciation Locked
- Equipment Depreciation: SLN and the First-Year Pro-Rata Locked
- Self-Employment Contributions: Base, Cap & the Deductible Half Locked
- Quarterly Estimated Payments: Safe Harbour Options & Due Dates Locked
- Underpayment Interest: Days Late, Shortfalls & the Year Summary Locked