When can one deduct unreimbursed employee expenses?
- August 10th, 2023
- David Greene
- Comments Off on When can one deduct unreimbursed employee expenses?
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…