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If you work from home, you can claim additional deductions on your tax return for any business-related expenses incurred. You can’t claim everything you use as an expense, however.
Qualified educators can deduct up to $250 of unreimbursed business expenses. If both spouses are eligible and file a joint return, they can deduct up to $500 — but not more than $250 each.
If you are living with a parent or guardian, receiving their help for tuition or living expenses, they will probably claim you as a dependent on their tax return.
Tax season is here and many remote workers are wondering what expenses they can write off while working from home. In 2022, 60 million people did freelance work, primarily from their home office ...
If you travel more than 100 miles from your home as a military reservist, you can deduct travel expenses from the income that you report on your tax return. Igor Palamarchuk / Shutterstock.com 15.
“The Tax Cuts and Job Act suspended the business use of the Home Office deduction from 2018 through 2025," said Rhonda Collins, director of tax content and government relations at the National ...
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