Millions Are Suddenly Working From Home. Can They Claim a Tax Break?

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Is there a tax break hiding in your home office?

If you’re one of millions of Americans who are now working from home instead of the office because of the coronavirus pandemic, count yourself lucky: you aren’t sick and you have a job.

Still, both you and your employer may be wondering whether your remote work qualifies for any tax breaks. Have you bought a desk, a better chair or new computer equipment? Can you take a tax deduction on those improvements, as well as the increased utility costs needed to power a new home-office set up?

 

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Leave it to the WSJ (and Rupert Murdock) to find a way to rape the system in the midst of a pandemic.

LuisaAlcalde

Anyway just so everybody is aware, the jet is now full, finally ☺ with a grand total of 3. It's going to be very comfortable which i was concerned about and i expect to rest easy with my entourage until we are ready to leave here once and for all and we are excited. My reward!😁

Eat 💩

Read the Tax Code. Ask your accountant. Expect to be audited.

'Cottage industry'

Nope

No. To deduct the space it has to be exclusively used that way, and even if you can prove that you're still asking to be audited. Saved you a click.

To read the full article you must subscribe! BOOOOOO

Just pay your damn taxes

There is a clown running around the oval office 🤡

More tax fraud by individuals wooooooooooooooo

Is my name Kushner ?

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