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Not anymore, this administration did away with that deduction in 2017 if you are an employee. Unless you are a contractor, business owner, or otherwise self emp
by Pfhreak 6y ago
Not anymore, this administration did away with that deduction in 2017 if you are an employee. Unless you are a contractor, business owner, or otherwise self employed you cannot deduct a home office.
https://www.forbes.com/sites/kellyphillipserb/2020/03/23/working-from-home-your-home-offices-expenses-are-probably-not-tax-deductible/ https://www.forbes.com/sites/kellyphillipserb/2020/03/23/wor...
- beezle 6y agoEmployers can reimburse employees for home office costs provided they meet the existing definitions of home office and proper, regular accounting is done. That money is not considered taxable income to the employee. However, an upfront flat "reimbursement" would probably be considered a taxable fringe benefit.