The expenses that you can count toward a home office deduction include a percentage of your: There are two ways to calculate a ... Your total taxable income must be within income thresholds ...

Health savings account deduction. Many tax software programs make it easy to determine which additions and exclusions apply to your income. A professional tax preparer can also ensure you have ...

If you're an eligible business owner, the qualified business income deduction allows two ... that you dedicate to business use Again, calculate the deduction using both methods to determine ...

Your adjusted gross income ... tax deductions and tax credits. It's also used in the calculation to determine how much federal tax you owe. How to calculate AGI This is the total amount of ...