Form 8829 is used to claim the home office deduction by calculating the business-related portion of home expenses.

Some self-employed taxpayers can claim the deduction for business use of a home, but you must meet the requirements first.

The home office deduction allows some filers to claim a tax break for expenses incurred working remotely. If you were a W-2 employee in 2024 — meaning your company withholds taxes from your ...

If you work from home as a contractor, freelancer, or small business owner, the home office deduction should be top of mind as you get ready to file your tax return. The IRS permits a tax ...

Those who qualify and rely on the internet to conduct business should include internet costs with Utility expenses when ...

These deductions can lower your taxes and are available to taxpayers across various income brackets and situations.

If you opt for the standard mileage rate (67 cents per mile for tax year 2024), you calculate your deduction based on the ...

The IRS offers various tax breaks for homeowners that can help lessen the financial burden associated with homeownership.