Learn who qualifies for home office tax deductions, how to calculate them, and other business write-offs like car mileage and supplies.

Can you claim the home office tax deduction this year?

If you took advantage of your company's flexible work from home policy last year, don't be surprised if all those receipts you diligently kept all through the year for tax deductions end up in the bin ...

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 ...

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 ...

Many Americans may think that because they work from home, they can take tax deductions for a portion of their rent, utilities and more. Not so fast. Not everyone qualifies to do that. Wage employees ...

The home office deduction can be fairly lucrative if you're self-employed. Just be sure not to bend the rules or you could get in trouble with the IRS. The downside of being self-employed is having to ...

Form 8829 is used to claim the home office deduction by calculating the business-related portion of home expenses. Self-employed individuals and freelancers can deduct costs such as rent, utilities ...

Of all the tax breaks available, the home office tax deduction is among the murkiest and most misunderstood. And the passage of the 2017 Tax Cuts and Jobs Act has made things even more complicated. So ...