When can one deduct unreimbursed employee expenses?
- August 10th, 2023
- David Greene
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Prior to 2017, if a W-2 employee had business expenses related to his employment that his employer did not reimburse, he could take a deduction for those expenses. However, the Tax Cuts and Jobs Act of 2017 eliminated those deductions…
Can a self-employed taxpayer still use the home office deduction?
- August 27th, 2020
- David Greene
- Comments Off on Can a self-employed taxpayer still use the home office deduction?
In a recent blog I discussed that unreimbursed employee expenses for a W-2 employee were no longer allowed as a miscellaneous deduction after 2017. However, that is not true for self-employed taxpayers who report their business on a Schedule C…
Can an employee still deduct unreimbursed business expenses?
- December 9th, 2019
- David Greene
- Comments Off on Can an employee still deduct unreimbursed business expenses?
Since the new tax law came into effect, employee itemized deductions for unreimbursed business expenses, including mileage, have been suspended. However, self-employed individuals and certain employees (e.g. armed-forces reservists, certain state or local government officials, educators and performing artists) may…