https://blog.freelancersunion.org/content/images/2022/01/PedroGomes_15.jpg
(Art credit: Pedro Gomes) This article was first published by the IRS and has been reproduced with permission. Subscribe to IRS tax tips here. The home office deduction allows qualified taxpayers to deduct certain home expenses when they file taxes. To claim the home office deduction on their 2021 tax return, taxpayers generally must exclusively and regularly use part of their home or a separate structure on their property as their primary place of business. Here are some details about this deduction to help taxpayers determine if they can claim it:
The term "home" for purposes of this deduction:
Generally, there are two basic requirements for the taxpayer's home to qualify as a deduction:
via Freelancers Union Blog https://blog.freelancersunion.org/2022/01/25/how-to-claim-the-home-office-tax-deduction/
0 Comments
Leave a Reply. |
AuthorI have 5+ years experience working as a medical transcriptionist. When I am not working, I enjoy sports like playing basketball or judo. I love making friends and connections. Archives
April 2023
Categories |