The rules are strict around who is eligible to deduct a home office, and calculating the deductions can be complicated.

When you sell a home, you'll need to pay taxes on the amount of money you earned on the sale as capital gains. However, if you live in the home for two of the previous five years before selling, you ...

(NewsNation) — The 2025 tax filing season is underway, and there are several tax benefits ... the price of a home,” according to the Tax Foundation, a Washington, D.C.-based think tank.

“The benefits of the deduction go primarily to high-income taxpayers because high-income taxpayers tend to itemize more often, and the value of the deduction increases with the price of a home,” ...

“The benefits of the deduction go ... the deduction increases with the price of a home,” according to the Tax Foundation, a Washington, D.C.-based think tank. For perspective: Just 7.5% ...