Many Americans working from home may assume they can deduct a portion of their rent, utilities, and other expenses from their taxes. However, tax experts say that not everyone qualifies for these deductions. If you're self-employed and use your home exclusively for business, you might be able to claim significant deductions. However, if you’re an employee working from home, it’s unlikely that you’ll qualify for home office tax deductions unless your state has different rules. Always consult with a tax professional to ensure you're following the proper guidelines and maximizing your potential deductions. Check out the recent USA Today article here that outlines what you need to know as we head into tax season on this tricky tax deduction.

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