Can you claim the home office tax deduction this year?

Is HELOC interest tax deductible? It can be if the funds are used for eligible home improvements and meet IRS requirements. Learn more with this guide.

Learn who qualifies for home office tax deductions, how to calculate them, and other business write-offs like car mileage and supplies.

Question: I just started a consulting business using a room in my house. I am operating as a sole proprietorship. Accordingly, I will be filing Form 1040 with a Schedule C to report my business income ...

Of all the tax breaks available, the home office tax deduction is among the murkiest and most misunderstood. And the passage of the 2017 Tax Cuts and Jobs Act has made things even more complicated. So ...

If you worked remotely in 2024, you may be eyeing the home office deduction. However, qualifying for the tax break may be harder than you expect, experts say. Only 7% of companies allowed fully remote ...