You're working from home now. You qualify for a home-office tax deduction, right? Not so fast
A woman throws her hands up in annoyance as she looks at a laptop screen. Image via Shutterstock.
May 18, 2020
Millions of Americans are working at home during the coronavirus pandemic. You’ve created a nice backdrop of books, awards and knickknacks to impress your colleagues during Zoom conferences. You’re also paying for the utilities and internet service you need to do your job for your employer.A lot of readers have asked: We must qualify for a home office tax deduction, right?Don’t get your hopes up about that tax break, said Arthur Zatz, a tax attorney in Isdaner and Co., a Bala Cynwyd accounting firm.Self-employed people can write off some home office expenses — many freelancers were already tak...
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