Barry, who works from his home and is an employee of a company that is based out of state, wants to take the home office deduction for 2023 but does not want to take a depreciation deduction because of the very low cost of his home. What You can suggest to Barry?

Answer rating: 100% (QA)

Since Barry is an employee and not selfemployed the simplified option for the home office deduction is not available to him in 2023 However he can sti... View the full answer