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Tag: Business Tax Write-offs

Home Office Deduction: Who Qualifies and How to Calculate It

The Remote Work Myth Working from your laptop on the living room couch does not automatically create a tax deduction. For federal tax purposes, the home office deduction is generally for self-employed professionals, freelancers, and small business owners. Standard W-2 employees usually cannot claim it, even when they work remotely. Checkpoint 1: The Exclusive-Use Rule…

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