Employees Miss Out
Since the end of 2017, all employees are unable to deduct those expenses that are linked to a home office. Before this tax decision, they were able to claim an itemized deduction when it comes to unreimbursed business expenses that surpassed 2 percent of their AGIs.
So, any type of work-related cost was deducted back then, however, now, it seems like a far-fetched dream. If you’re a work-from-home employee you actually have three options:
- Your employer buys the items you need (printer, office chair, desk) for working from home
- You buy those work-related items and get reimbursement from your employer
- You purchase them and do not get reimbursement
