Can I Take a Tax Deduction for Working From Home During Coronavirus?
Working from home was once an option reserved just for freelancers and employees of companies with very flexible policies. But nowadays, much of the labor force is working from home due to the ongoing COVID-19 crisis.
If you've landed in a remote arrangement due to the pandemic, you may be wondering if doing so will allow you to save money on your taxes. But unfortunately, you may not like the answer.
You may have heard that there's such a thing as a home office deduction, and if you've been doing your job from home, you might assume that you're eligible for it. But the rules surrounding this deduction are pretty strict.
Source Fool.com
