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2. When You Can and Can’t Write Off Home Office Expenses - AOL

   www.aol.com/finance/t-write-off-home-office...

   The way the deduction is calculated is by taking $5 per square foot of your home office up to 300 square feet, for a $1,500 maximum deduction. To qualify for this deduction, you have to be self ...

3. 4 Tax Benefits of Owning a Home - AOL

   www.aol.com/4-tax-benefits-owning-home-160151096...

   Mortgage Interest Deduction. One of the largest tax benefits of homeownership is the mortgage interest deduction. This allows homeowners to deduct the interest paid on the first $750,000 of the ...

4. Mortgage interest deduction: What it is and what qualifies - AOL

   www.aol.com/finance/mortgage-interest-deduction...

   For mortgages taken out since Dec. 16, 2017, you can deduct only the interest on the first $750,000 if you are single or married filing jointly ($375,000 if you are married filing separately ...

5. Commissioner v. Soliman - Wikipedia

   en.wikipedia.org/wiki/Commissioner_v._Soliman

   Commissioner v. Soliman, 506 U.S. 168 (1993), was a case heard before the United States Supreme Court in which the court decided whether a portion of a dwelling unit exclusively used as a principal place of business for any trade or business of a taxpayer would allow a deduction to the taxpayer's income taxes under Internal Revenue Code Section 280A(c)(1)(A).

6. Taxation of illegal income in the United States - Wikipedia

   en.wikipedia.org/wiki/Taxation_of_illegal_income...

   v. t. e. Taxation of illegal income in the United States arises from the provisions of the Internal Revenue Code, enacted by the U.S. Congress in part for the purpose of taxing net income. [ 1] As such, a person's taxable income will generally be subject to the same federal income tax rules, regardless of whether the income was obtained legally ...

7. Taxes 2023: Do You Qualify for a Home Office Deduction? - AOL

   www.aol.com/finance/taxes-2023-qualify-home...

   With the prevalence of remote work, working from home is a way of life for many Americans. As such, whether you can qualify for a home office deduction when you do your taxes remains a popular...