- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
If you are a W-2 worker, nothing is deductible, and any housing assistance is properly taxable and included in your W-2 taxable income. Sorry. The ability to deduct those expenses was removed in the 2017 tax reform law in return for increasing the standard deduction for everyone and lowering the overall tax brackets.
‎February 10, 2025
9:49 PM