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2. 7 rules for taking a work from home tax deduction - AOL

   www.aol.com/finance/7-things-know-taking-home...

   You’re only allowed to deduct the gross income you earn from self-employment, though. That means if you earned $1,000 from your side hustle plus a $50,000 salary from your regular job that you ...

3. When You Can and Can’t Write Off Home Office Expenses - AOL

   www.aol.com/finance/t-write-off-home-office...

   The way the deduction is calculated is by taking $5 per square foot of your home office up to 300 square feet, for a $1,500 maximum deduction. To qualify for this deduction, you have to be self ...

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

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

   Working from home became a norm and a need during the COVID-19 pandemic, a trend that many people continue to embrace. In fact, a quarter of Americans are currently doing so despite the relative ...

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

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

   As part of the home office deduction, you can write off some of your utility expenses, taxes, insurance, repair, and depreciation. There are two ways to figure out how much to deduct: Simplified ...

6. State and local tax deduction - Wikipedia

   en.wikipedia.org/wiki/State_and_local_tax_deduction

   To claim the deduction, taxpayers must itemize their deductions on Schedule A of Form 1040. There is a $10,000 limit on the SALT deduction, or $5,000 for a married person filing a separate return. There is a $10,000 limit on the SALT deduction, or $5,000 for a married person filing a separate return.

7. Guide to Home Office Tax Deduction - AOL

   www.aol.com/news/guide-home-office-tax-deduction...

   There's a lot of confusion around the home office deduction because many remote workers who took the break in the past are no longer eligible -- the Tax Cuts and Jobs Act eliminated the home ...

8. Taxes 2022: How Small Businesses Can Deduct Home Office ... - AOL

   www.aol.com/taxes-2022-small-businesses-deduct...

   Multiply this percentage by the sum of your home’s total allowable expenses. Using the simplified method, multiply your office’s total square footage by $5. The maximum size for this option is ...

9. A Guide to the Home Office Tax Deduction - AOL

   www.aol.com/news/guide-home-office-tax-deduction...

   The number of people who work from home exploded in 2020 because of the COVID-19 pandemic. Some people will be able to take a tax deduction for their home office expenses, but many will not.