#414 The Home Office Deduction
Main Street Business
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The Home Office Deduction Is a Red Flag
Under the Tax Cuts and Jobs Act, when they increased the standard deduction, they took away the unreimbursed home office deduction. That used to be on a schedule A up until 2018. But when COVID hit, everybody's like, no, what happened to that right off? Oh, it's gone. So you have to have a business just to being an employee and having a home office,. There's no right off in there. The home office deduction is well established. Don't violate them.
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