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United States · Bill · HR

H.R. 40 (104th)

To amend the Internal Revenue Code of 1986 with respect to the deductibility of certain home office expenses.

referredUnited States· United States Congress· EN

Introduced

4 January 1995

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

2 January 2025

Summary

Amends the Internal Revenue Code to allow the deduction for home office expenses if a portion of a dwelling unit is used as the sole fixed location of business for a taxpayer who has no other fixed location of business, regardless of: (1) the amount of time or type of work performed in such location; or (2) the proportion of the total income from the business attributable to such location.

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Documents

3 official files

Introduced in House (text)

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Sources

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