Timeline for Tax Implication of COVID-19 Induced Remote Employment
Current License: CC BY-SA 4.0
6 events
| when toggle format | what | by | license | comment | |
|---|---|---|---|---|---|
| Mar 18, 2020 at 5:58 | comment | added | Martin Argerami | Suggested edit: "principAL". | |
| Mar 17, 2020 at 23:32 | comment | added | dave_thompson_085 | Actually not. Deduction for business use of home as employee is one of the '2% floor' deductions suspended for 2018 through 2025 by TCJA 2017 (PL115-97 sec11045 at 26 USC 67(g)). They are scheduled to return in 2026, but if COVID-19 lasts that long I think you'll have more serious problems to worry about than this tax deduction. PS: s/principle/principal/ | |
| Mar 17, 2020 at 23:22 | comment | added | chrylis -cautiouslyoptimistic- | Or you manage to convert your arrangement into a permanent WFH, which may be an option if companies realize they can save on office costs. | |
| Mar 17, 2020 at 19:47 | vote | accept | Anthony | ||
| Mar 17, 2020 at 16:08 | history | edited | Ron Beyer | CC BY-SA 4.0 |
deleted 5 characters in body
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| Mar 17, 2020 at 15:45 | history | answered | Ron Beyer | CC BY-SA 4.0 |