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New Member
posted Mar 12, 2021 12:48:23 AM

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?

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1 Best answer
Expert Alumni
Mar 12, 2021 5:55:07 AM

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 supplies?

 

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.

3 Replies
Expert Alumni
Mar 12, 2021 5:55:07 AM

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 supplies?

 

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.

New Member
Mar 15, 2021 9:45:50 AM

Just tell me the cost of TurboTax Delux for 2020

Intuit Alumni
Mar 15, 2021 5:07:55 PM

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.