What’s Changed With the Home Office Deduction? Let’s first start with the biggest disappointment - the home office deduction. In this article, I’ll lay out exactly what has changed, what you should know, and how to best manage your unreimbursed expenses. As a salaried employee, you used to be able to take deductions for specific job-related expenses. In case you missed the news, this perk went away a couple of years ago. And historically, one of the added benefits for working at home was your ability to take tax write-offs on a home office in your tax return (among several other deductions).īut sadly, you can’t do this anymore. Thanks to the pandemic, millions of employees now work remotely or telecommute. If you’re an employee of a company and you work from home, you’re amongst a group that’s growing in size. This content has not been provided by, reviewed, approved or endorsed by any advertiser, unless otherwise noted below. We may, however, receive compensation from the issuers of some products mentioned in this article. You can trust the integrity of our balanced, independent financial advice.
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