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Remote work has radically modified our conception of "the workplace." The Pew Research Center estimates that 14% of all employed adults over 18, or roughly 22 million individuals, are at the moment working build income from your laptop dwelling on a regular basis. If you are a remote worker filing your taxes, nevertheless, you won't be eligible to assert the house office deduction. The house office deduction permits eligible taxpayers to cut back their tax obligation 5 Step Formula by David Humphries writing off their workspace as a authentic enterprise expense. Typically, the house office deduction applies solely to self-employed and independent contractors, not these beneath traditional contracts who are classified as remote workers. All of it will depend on how your employment is categorized by the IRS and in case your workplace is solely used for enterprise. Do I qualify for the house workplace deduction? Though telework has grow to be widespread for conventional W-2 workers, the house office deduction particularly applies to fully self-employed individuals or unbiased contractors who use a designated space for business on a regular and/or unique basis.