WFH: Can I Deduct Home Office Expenses on My Tax Return?

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What Will It Be?

No. 1 outcome means that all those work-related items can qualify as a supply owned by your employer, therefore the amount of money should be deductible on your employer’s tax return. Of course, if your employer gives these supplies for non-compensatory business reasons, their employees don’t have to pay taxes on them.

No. 2 outcome is quite similar to the first one. Meaning that if those items are seen as “ordinary and necessary,” these reimbursements will not appear on the taxable income list. However, note that you should have this stipulated on your contract.

No. 3 outcome requires your attention, since you might think that things didn’t change that much in the last years… Well, you’re wrong, You can’t deduct your work-related deductions any more even if they exceed 2 percent of your AGI.

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