I work as an licensed insurance agent at home, my broker/employer sent a W-2 form for my taxes. can I deduct the home office and related expenses emp is out of state.
02857
2 Replies
DoninGA
Level 15
Jan 16, 2023 10:59:06 AM
Since you are a W-2 employee you cannot deduct any employee business expenses, including a home office, on a federal tax return due to the tax code changes in effect for tax years 2018 thru 2025.
xmasbaby0
Level 15
Jan 16, 2023 11:01:24 AM
Can I deduct job-related expenses on my tax return?
Sorry---W-2 employees cannot deduct job-related expenses on a federal return.Job-related expenses were eliminated as a federal deduction for W-2 employees by the tax laws that changed for 2018 and beyond. Your state tax laws might be different in AL, AR, CA, HI, MN, NY or PA.