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Business & farm
It Depends. Employees working from home can't take the home office deduction, even if you've been asked to work from home due to COVID-19. This has been in place since 2018, when the Tax Cuts and Jobs Act was signed into law.
If you're self-employed, however, housing-related expenses such as mortgage interest, rent, utilities, repairs, and depreciation for the portion of your home or rental that you use to run your business are allowable expenses under the home office deduction.
You may be able to claim the home office deduction if your office is:
- Used regularly and exclusively for your business, and
- Is your principal place of business (both conditions must apply).
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‎February 3, 2023
7:24 AM