Business Use of Home
Client works 30 hours per week from home as and 10 hours per week in the building as a teacher. Is an employee; received a w-2. Client started work during shutdown. Does not have an office or a desk in employer's building. Situation sort of evolved due to Covid. Uses one room regularly and exclusively for the 30 hours per week of work. Client does not rent room from employer. Is there any way to deduct business use of home expenses in this situation? Thank you.
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NO - see IRC ยง67(g)Originally posted by Avery View Post -
Some states allow employee business expenses. Federal Schedule A may have a state dedicated section input for employee business expenses to be entered. NYS does allow.This post is for discussion purposes only and should be verified with other sources before actual use.
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See The TaxBook 5-15Originally posted by Avery View Post
Employee Business Use of Home
For tax years 2018 through 2025, the business use of home deduction for employees is not allowed due to the suspension of the deduction for miscellaneous itemized deductions subject to the 2% AGI limit on Schedule A (Form 1040), Itemized Deductions.
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Last edited by TAXNJ; 03-08-2021, 03:46 PM.Always cite your source for support to defend your opinionComment
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No Only way to deduct house expense must be a subcontractor and file Sch CComment
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As does California, so right there you have at least about 20% of the country eligible for a state tax deduction.Originally posted by BOB W View Post"You said it, they'll never know the difference. Come on, we'll paint our way out!" - Moe HowardComment
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Just an added note.. In addition to employee business expenses, the state deduction also applies to the old 2% misc. section of schedule A.This post is for discussion purposes only and should be verified with other sources before actual use.
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