turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

jhashbar
New Member

Can i deduct cost of office furniture that i had to purchase?

Needed to purchase home office furniture due to remote working in 2020.  Can i deduct cost of purchases for work?
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
HelenC12
Expert Alumni

Can i deduct cost of office furniture that i had to purchase?

If you're self-employed, yes, you can deduct business expenses. See Where do I enter my self-employment business expenses, like home office, vehicle mileage, and suppli...

 

If you're a W-2 employee, no, you can't deduct unreimbursed job expenses

  • Under the Tax Cuts and Jobs Act (TCJA) that Congress signed into law on December 22, 2017, the deduction for these 2% miscellaneous expenses has been suspended in tax years 2018 through 2025. However, this doesn’t affect:

  • People who work in one of these specific professions or situations
    • Armed Forces reservist
    • Qualified performing artist
    • Fee-basis state or local government official
    • You're disabled and have impairment-related expenses

However, your job-related expenses may still be allowed on your state return. Enter your expenses and we’ll figure out if you can deduct them.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

3 Replies
HelenC12
Expert Alumni

Can i deduct cost of office furniture that i had to purchase?

If you're self-employed, yes, you can deduct business expenses. See Where do I enter my self-employment business expenses, like home office, vehicle mileage, and suppli...

 

If you're a W-2 employee, no, you can't deduct unreimbursed job expenses

  • Under the Tax Cuts and Jobs Act (TCJA) that Congress signed into law on December 22, 2017, the deduction for these 2% miscellaneous expenses has been suspended in tax years 2018 through 2025. However, this doesn’t affect:

  • People who work in one of these specific professions or situations
    • Armed Forces reservist
    • Qualified performing artist
    • Fee-basis state or local government official
    • You're disabled and have impairment-related expenses

However, your job-related expenses may still be allowed on your state return. Enter your expenses and we’ll figure out if you can deduct them.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Can i deduct cost of office furniture that i had to purchase?

Just tell me the cost of TurboTax Delux for 2020

SForrestLO
Intuit Alumni

Can i deduct cost of office furniture that i had to purchase?

Visit our website and click on File your own taxes. From there you can click on Products & Pricing if you want to prepare online. If you want to purchase the CD/Download, click on that for the pricing. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question