Anyone considering home office deduction for next years return?

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I don’t think I can do that as a W-2 employee.
Plus even if I could, with how much my mortgage is, it’ll never exceed the standard deduction.

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W-2 employees aren’t allowed to deduct home office costs.

I do think Congress should extend that deduction to us and make it above the line but the demand to help the “WFH folks who are employed and reviving income right now” isn’t popular in Washington right now.

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No. 1) you can’t unless you have some kinda side business, 2) standard deduction is high and surpassing it would be hard, 3) it’s flags you for audit

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Well yeah, claiming a deduction that you aren't eligible for on the face of your return (no schedule C or E income) increases audit risk. But if you do, claiming a legally allowable deduction doesn't, by itself, increase audit risk.

And even when employees could deduct home office it didn't increase audit risk.

Also, even before the law changed, you had to use the office space exclusively for business.

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Hi fishes ,

Off topic post .

I am in need of a ergonomic chair as my neck and back is paining a lot , currently I use plastic chair 😅😅.

Can anyone recommend best ergonomic chair which you are using under 20k with good neck and back support ?

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