Of all of the tax breaks accessible, the house workplace tax deduction is among the many murkiest and most misunderstood. And the passage of the 2018 Tax Cuts and Jobs Act has made issues much more difficult.
So for those who work from home, what do you have to do? Permit us to clarify precisely who can take the house workplace tax deduction nowadays—and who cannot—in addition to the way to do it proper. Here is what it’s good to know earlier than submitting this 12 months.