What and how much can be deducted from taxes for work from home in 2020

The COVD-19 pandemic forced millions of American workers to quickly switch to work from home (WFH) mode, but not all of them had an office in their home or apartment. Therefore, many people bought new chairs, tables and other office equipment from their pockets, ...

Remote work: can home office expenses be deducted from taxes?

If you've worked from home most of this year, you've probably spent the extra money trying to make your living space more workable, CNN suggests. Perhaps you bought some accessories, a new table or chair, or you just pay more for ...

Gambling losses, repairs, insurance: what can be deducted from taxes for 2019

You already know that you do not need to pay federal income tax on all of your income. What exactly should you deduct from your taxes to reduce total taxable income? Go Banking Rates explains. You have a chance to get to know the most ...

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