Are you eligible for the home office deduction? This guide clarifies the strict IRS rules for self-employed individuals, freelancers, and small business owners.

If you work from home, the home office tax deduction can lower your tax bill — but only if you qualify. The key rule is simple: self-employed workers usually qualify, W-2 employees generally don’t.

Many Americans may think that because they work from home, they can take tax deductions for a portion of their rent, utilities and more. Not so fast. Not everyone qualifies to do that. Wage employees ...

Over the last five years, the number of Americans working from home full time has gone from boom to bust. Unfortunately, full-time employees still can’t claim a tax deduction for home office ...