Working from home?

If you are a contract worker or small business owner, you may be able to deduct home office expenses on your tax return, even if you are a renter.

Tax law changes in 2018 prevent employees with exclusively W2 income from taking advantage of this deduction.  But, if you have 1099 or Schedule C income, you may be able to claim a portion of your mortgage/rent, utilities, and other home expenses.

Read more:
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​www.irs.gov/newsroom/how-small-business-owners-can-deduct-their-home-office-from-their-taxes

www.cnbc.com/2021/12/03/who-can-claim-home-office-tax-deduction-if-they-worked-from-home.html

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