COPYRIGHTED MATERIAL How to Use This Book 3 1. Start by filling out Part I of Form 8829 (lines 1–7) and determining your Time-Space percentage (see chapters 2 and 1, respectively). 2. Complete Form 4562 (see chapter 3); enter the amount on line 22 of Form 4562 on line 13 of Schedule C. 3. Complete lines 1–29 of Schedule C (see chapter 5), and enter the amount on line 29 of Schedule C on line 8 of Form 8829. 4. Finish filling out Form 8829; enter the amount on line 35 of Form 8829 on line 30 of Schedule C. 5. Finish filling out Schedule C and any other tax forms that you need to complete, such as your Form 1040 and your state tax forms. Here’s a flowchart that shows the proper order for filling out your tax forms: Report house expenses such as property tax and utilities Form 8829 Expenses for Business Use of Your Home Form 4562 Depreciation and Amortization Report depreciation of furniture, appliances, and computers Schedule C Profit or Loss from Business Schedule SE Self- Employment Tax Form 1040 U.S. Individual Income Tax Return State Income Tax Form Report all other business expenses Calculate your self- employment (or Social Security) tax Additional forms you may need to complete: Schedule A Itemized Deductions Schedule D Capital Gains and Losses Schedule EIC Earned Income Credit Form 3115 Application for Change in Accounting Method Form 4684 Casualties and Thefts Form 4797 Sales of Business Property Form 8863 Education Credits If your state has an income tax, attach copies of all your federal forms to your state income tax return. COPYRIGHTED MATERIAL