Home Office Deduction as Contract Employee

Forum|Forum|2 years ago
February 29, 2024
1 reply
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I'm currently working as W2 contract (term) employee remotely in CA for a client in Chicago, IL.

I have an office that is solely used for this purpose. It has a desk, chair, bookshelf and one person sofa for reading. There are no beds or any other "bedroom furniture." Is it possible for me to claim any deductions for using it explicitly for this job? I'm thinking internet, electricity bills, office space, etc. as part of work expenses. Do you have any advice on how to best approach this?

Ask the Experts - SelfEmployed - Feb 2024

xmasbaby0

Level 15

-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.

If you live in a state that lets you deduct job-related expenses, the information will flow from your federal return to the state return, so enter it in Federal>Deductions and Credits>Employment Expenses>Job-Related Expenses

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**