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2. Internal Revenue Code section 162 (a) - Wikipedia

   en.wikipedia.org/wiki/Internal_Revenue_Code...

   It concerns deductions for business expenses. It is one of the most important provisions in the Code, because it is the most widely used authority for deductions. [1] If an expense is not deductible, then Congress considers the cost to be a consumption expense. Section 162(a) requires six different elements in order to claim a deduction.

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

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

   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.

4. Work From Home Tax Deductions: How To Claim Them - AOL

   www.aol.com/finance/home-tax-deductions-claim...

   For farming business owners: Complete Schedule F (Form 1040) and report your deduction on Line 32. Select “Business Use of Home.” For unreimbursed partnerships: You may need to complete ...

5. 15 Self-Employment Tax Deductions You Should Know - AOL

   www.aol.com/15-self-employment-tax-deductions...

   There are dozens of self-employment tax deductions, including advertising, retirement contributions, health insurance, self-employment tax deduction, travel expenses, business insurance, car ...

6. Public policy limitation on deduction for business expenses

   en.wikipedia.org/wiki/Public_Policy_Limitation...

   Though these payments qualified for § 162 deduction as expenses paid in the course of the opticians' trade or business, the IRS argued that the expenses should be disallowed as against public policy. [8] While the Court disapproved of the business ethics displayed by the opticians, the Court upheld the deductions as valid under the Code. [8]

7. What Can I Write Off on My Taxes? - AOL

   www.aol.com/finance/write-off-taxes-090021611.html

   Although certain tax deductions remain relatively stable from year to year, others change or disappear entirely, while new ones occasionally crop up. Find Out: What Are the 2020-2021 Federal Tax ...