MarketplaceTaxes

Actions

Can I write off my Zoom camera as a work expense? Not so fast say some experts!

If you've been working from home during the pandemic you may have had to buy a chair or a desk or even a webcam for Zoom. Now many Americans are asking "can I write that off as a work expense?"
Tax Preparation
Posted at 4:54 PM, Feb 15, 2021
and last updated 2021-02-15 19:54:46-05

(KERO) — If you've been working from home during the pandemic you may have had to buy a chair or a desk or even a webcam for Zoom. Now many Americans are asking "can I write that off as a work expense?"

The COVID-19 pandemic forced a massive work-from-home experiment on the world. All of the sudden, people started buying desks and office chairs like never before.

I'm not an expert, but we talked to lots of them, and asked: Can workers deduct work-from-home expenses?

"In 2017, the Tax Cuts and Jobs Act was passed. And at that time, individuals who are employees are no longer able to take this as a deduction," said Kemberley Washington, tax analyst with Forbes Advisor.

Tax Time

Tax Time

1:20 PM, Oct 04, 2018

Due to that change in President Trump's signature tax law, only contractors can make deductions for home office supplies. So if you're an employee who's been working remotely since the pandemic began, you'll have to pay for those expenses out of pocket. But there may be a loophole for you.

"If in fact, you are an employee working at home and you have a side gig or a separate business, or your spouse or someone on your tax return has a home office business, then they would in fact be able to deduct the home office deduction," said Mark Steber, chief tax information officer at Jackson Hewitt.

And, the Trump-era deduction rule isn't permanent - so the write-off could eventually come back.

"The Tax Cuts and Job Act suspended the business use of the Home Office deduction from 2018 through 2025," said Rhonda Collins, director of tax content and government relations at the National Association of Tax Professionals.

For more information on the 2020 tax season, visit our special Tax Time section.

Bakersfield Sign, Bakersfield (FILE)

News In Your Neighborhood

The filing deadline to submit 2021 tax returns or an extension to file and pay tax owed is Monday, April 18, 2022, for most taxpayers. By law, Washington, D.C., holidays impact tax deadlines for everyone in the same way federal holidays do. The due date is April 18, instead of April 15, because of the Emancipation Day holiday in the District of Columbia for everyone except taxpayers who live in Maine or Massachusetts. Taxpayers in Maine or Massachusetts have until April 19, 2022, to file their returns due to the Patriots' Day holiday in those states. Taxpayers requesting an extension will have until Monday, October 17, 2022, to file.