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United States · Bill · S

S. 3255 (96th)

A bill to amend the Internal Revenue Code to clarify when the costs of maintaining an office at home may be deducted.

referredUnited States· United States Congress· EN

Introduced

5 December 1980

Last action

Status

Referred to Senate Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

14 June 2021

Summary

Amends the Internal Revenue Code, with respect to tax deductions for business use of a dwelling unit, to allow such deductions so long as the portion of the dwelling unit devoted to business is: (1) exclusively used on a regular basis as a place of business; and (2) the principal place of one of the taxpayer's trades or businesses, even if not the principal place of his or her principal trade or business.

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Documents

1 official file

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Sources

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