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vt90

Joined: 12/12/1998 Posts: 44906
Likes: 24266

What's this?

I don't even think it was $1000 ....


which I know is still a lot of money but I get paid by the hour and I can generally work more hours if I want more money. So I would rather do my job to make more money than spend all that time and effort to save $1000 in taxes. In a perfect world, I would do both, but I don't have that much energy at my age!

(In response to this post by Brown Water)

Posted: 02/08/2021 at 11:15AM


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Current Thread:
 
  Armchair CPAs, if you worked from home for 10 months last year, is there a -- Brown Water 02/08/2021 10:46AM
  Not for employees. There is also a simplified method of $5 per square foot -- Hokiehouse7 02/08/2021 12:02PM
  I think you must own the business ** -- Tailgate Guru 02/08/2021 11:46AM
  I don't think that is the case. I'm not an expert by any means, but I do -- Hokie360 02/08/2021 11:58AM
  Tax reform shut that down. ** -- Hokiehouse7 02/08/2021 12:00PM
  Main expense will be depreciation for part of home in home office ded. ** -- lchoro 02/08/2021 11:08AM
  It's not worth it normally -- bigbadbird 02/08/2021 11:36AM
  You have the 500,000 capital gains exclusion ** -- lchoro 02/08/2021 11:40AM
  But that's for your primary personal residence -- Tafkam Hokie 02/08/2021 11:49AM
  He's on a roll ** -- bigbadbird 02/08/2021 12:54PM
  Use simplified method to avoid this. ** -- Hokiehouse7 02/08/2021 12:06PM
  That doesn't ring a bell -- Tafkam Hokie 02/08/2021 12:13PM
  2013 I believe. Saves some headaches. ** -- Hokiehouse7 02/08/2021 12:20PM
  Yeah, it was probably 2007ish when I was dissecting that part -- Tafkam Hokie 02/08/2021 12:22PM
  The home office deduction? -- RoswellGAHokie 02/08/2021 11:04AM
  PRon subscriptions ** -- bigbadbird 02/08/2021 10:58AM
  My employer gave us a "COVID reimbursement". Came as a separate deposit. -- Hokie360 02/08/2021 10:51AM
  Yes, I think you should be able to take the home office deduction... -- MP4VT2004 02/08/2021 10:49AM

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