FTPhil
Level 3

A client just asked a pretty good question. In this case the client is a k-12 teacher which on it's own has separate issues, but this could be asked of many Americans right now. The question...

Like many people Kirsten is working from home. Is there anything that we should be keeping track of for next year’s taxes?

My question; Can expenses involved in a "Temporary" home office be deducted, and where would they be deducted?

We are not talking depreciation here, just expenses that were fully due to having to "Work at home".

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Just-Lisa-Now-
Level 15
Level 15

I would assume most people working from home dont have a dedicated area for business only...theyve turned a personal area into dual purpose....and of course they took away the unreimbursed employee expenses on federal anyhow.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

View solution in original post

FTPhil
Level 3

That would explain why I couldn't find it...Maybe we should be asking to get it back, lots of people could use it this year.

sjrcpa
Level 15

Probably not. First you have to itemize deductions. Then it was a misc one subject to 2% of AGI. And it had to be regularly and exclusively used.


Ex-AllStar
Just-Lisa-Now-
Level 15
Level 15
again, it would need to be a dedicated business use only area and then it would be subject to the 2% haircut for misc itemized deductions....doubtful any possible tax benefits would make it worth the hassle for the majority of people

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪