It's not often that something in the tax code gets easier, which makes the new simplified home office deduction noteworthy.
Starting with 2013 tax returns, people who work from home have the option of deducting up to $1,500 worth of housing-related expenses in one line on their tax return. Or they can use the old option, which involves filling a complex 43-line form (8829, Expenses for Business Use of Your Home).
Feb 20, 2014
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