Today's job market offers a range of employment options, many of which make it possible to earn income from home. However, working from home doesn't automatically qualify you for the home office tax ...

Working from home is much more common than it used to be. According to the Pew Research Center, just over a third of American workers telecommuted for their jobs last year. This is slightly lower than ...

The way people work changed during the pandemic, and even though most companies have reopened their offices, many employees still do some work from home. Some work on a hybrid schedule with three days ...

Question: I just set up a home office for my new business that I am operating as a sole proprietorship. Accordingly, I will be filing Form 1040 with a Schedule C to report my business income and ...

Most of us would like to pay as little money in taxes as possible. And snagging the right deductions could make that possible. There are different items you're allowed to deduct on your tax return, ...

If you're a W-2 worker — meaning your employer withholds taxes from your paychecks — you can't take the home office deduction for 2023. However, freelance and contract workers with income reported via ...

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Learn how to categorize and compute household expenses, including housing, food, transportation, and more, for budgeting and tax purposes.

Millions of Americans worked from home — at least partially — during the coronavirus pandemic years and now many are wondering if they can claim the home office deduction on their federal taxes. The ...