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The USA does too, but the trouble is it has to be exclusively used for working from home- so you can't have a guest room you use as an office most of the time,
by mindvirus 6y ago
The USA does too, but the trouble is it has to be exclusively used for working from home- so you can't have a guest room you use as an office most of the time, which is particularly tricky in cities. I wonder if that'll change in the future with more WFH.
- kube-system 6y ago> you can't have a guest room you use as an office most of the time You can if you are smart about it, because you can deduct part of a room. Deduct the area for your desk, office chair, but don't deduct the guest bed, etc.
- hugey010 6y agoI'm no tax lawyer or guru, but let's say usage is 25% bedroom and 75% principal office; you can take 75% of the square footage of the room against your total home square footage as the number for doing the deduction. Easiest is to have a dedicated space, but I imagine this is going to be a new normal now for tax filings.
- DangitBobby 6y agoThe deduction in the US is no longer available to most people working from home since Trump's tax breaks [1]. And even if it were, many people would not get it because it wouldn't be worth losing the standard deduction over. 1. https://www.forbes.com/sites/kellyphillipserb/2020/03/23/working-from-home-your-home-offices-expenses-are-probably-not-tax-deductible/#2ab257fd45f3 https://www.forbes.com/sites/kellyphillipserb/2020/03/23/wor...