Here’s what taxpayers need to know about the home office deduction

Here’s what taxpayers need to know about the home office deduction  irs.gov/newsroom/heres-what-taxpayers-need-to-know-about-the-home-office-deduction https://accountinginstruction.info  IRS Tax Tip 2020-98, August 6, 2020  The home office deduction allows qualifying taxpayers to deduct certain home expenses on their tax return. With more people working from home than ever before, some taxpayers may be wondering if they can claim a home office deduction when they file their 2020 tax return next year.  Here are some things to help taxpayers understand the home office deduction and whether they can claim it: