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Posted: 4/23/2020 2:24:07 PM EDT
[#1]
There is no home office deduction for W2 employees per TCJA.
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Posted: 4/23/2020 3:23:28 PM EDT
[#2]
Quote HistoryQuoted: There is no home office deduction for W2 employees per TCJA. Well, this year, there should be . . . maybe a one-time credit for work from home types . . . not sure how you'd prove it, though. |
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Posted: 4/23/2020 3:32:29 PM EDT
[#3]
Have always been told that “Home Office” deductions are one of the biggest audit triggers and that the amount you save is not worth the risk.
Unless you can legitimately prove that the space was used for work and nothing else, I wouldn’t risk. Just my opinion and I’m not a tax professional 
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Posted: 4/23/2020 3:42:03 PM EDT
[#4]
Quote HistoryQuoted: There is no home office deduction for W2 employees per TCJA. Correctamundo. Pre-TCJA, it was deductible on Schedule A as an unreimbursed employee expense subject to the 2% AGI floor. |
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Posted: 4/24/2020 9:48:29 PM EDT
[#5]
I have been WFH for a decade, and with the 2% AGI floor, plus the scrutiny, it wasn't worth it even before the TCJA made it a moot point.
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Posted: 4/26/2020 1:46:05 AM EDT
[#6]
Quote HistoryQuoted: Well, this year, there should be . . . maybe a one-time credit for work from home types . . . not sure how you'd prove it, though. Quote HistoryQuoted: Quoted: There is no home office deduction for W2 employees per TCJA. Well, this year, there should be . . . maybe a one-time credit for work from home types . . . not sure how you'd prove it, though. What are you trying to accomplish? If you're that hard up to save 75 bucks in taxes I'll send you 75 bucks to help out. Pm me your address. |
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Posted: 4/26/2020 2:13:18 AM EDT
[#7]
Even if it was deductible, you have to have some serious other things going on to outdo the standard deduction. You don’t do your own taxes I take it.
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