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  2. 7 rules for taking a work from home tax deduction - AOL

    www.aol.com/finance/7-things-know-taking-home...

    You’re only allowed to deduct the gross income you earn from self-employment, though. That means if you earned $1,000 from your side hustle plus a $50,000 salary from your regular job that you ...

  3. 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 ...

  4. Guide to Home Office Tax Deduction - AOL

    www.aol.com/news/guide-home-office-tax-deduction...

    You may be able to take a tax break for your home office expenses, but you need to follow some strict rules. There's a lot of confusion around the home office deduction because many remote workers ...

  5. A Guide to the Home Office Tax Deduction - AOL

    www.aol.com/news/guide-home-office-tax-deduction...

    The number of people who work from home exploded in 2020 because of the COVID-19 pandemic. Some people will be able to take a tax deduction for their home office expenses, but many will not.

  6. 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).

  7. Taxes: What you can actually deduct after working from home ...

    www.aol.com/finance/taxes-actually-deduct...

    As part of the home office deduction, you can write off some of your utility expenses, taxes, insurance, repair, and depreciation. There are two ways to figure out how much to deduct: Simplified ...

  8. Taking The Home Office Deduction? Know The Rules For ... - AOL

    www.aol.com/news/home-office-deduction-rules...

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  9. Work From Home? See If You Qualify for Any Tax Credits - AOL

    www.aol.com/home-see-qualify-tax-credits...

    First off, the home office deduction is available to self-employed taxpayers, independent contractors and those working in the gig economy, according to the Internal Revenue Service (IRS).

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