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Home Office Deduction

If you use part of your home exclusively and regularly for conducting business you may be able to deduct expenses such as mortgage interest...

The short answer is probably not. If youre one of the millions of workers whose home is now doubling as office space due to COVID-19 you ma...

Thus employees may not claim a home office deduction for these years. The home office deduction allows you to deduct a portion of the cost ...

The number of people who work from home exploded in 2020 because of the COVID-19 pandemic. Mortgage interest real estate taxes. Home Offi...

It isnt limited to homeowners its also available to renters and people who live in apartments condos and any other type of home. With more ...

You deduct 5 for every square foot of your home office. Mortgage interest and real estate taxes. The Home Office Tax Deduction Explained ...

With either method the qualification for the home office deduction is determined each year. Regular and Exclusive Use. How To Take A Home...

This method allows you to use a prescribed rate that is multiplied by the allowed square footage. Requirements to Claim the Home Office Ded...