Can Working From Home Save You Money?

It seems that most people have taken the plunge in recent times to fully embrace the remote working revolution and work from home, especially in light of 2020. But the pandemic is not just one reason to stay at home. The great thing about working from home means that you can get home office tax breaks. If you have a 1099 income and you work from home on a regular basis, you can qualify for this scheme.

It is something that many people do not realize they can claim. If you are working from home a lot more, especially now, and you consider your home as your office, it is a good idea to double-check that you qualify for this fantastic tax break. While working from home means that you save money on commuting and lunches, it is worth upgrading your home to incorporate a dedicated space for work to qualify for.

It is something that many offices are now encouraging due to recent events. And while you may feel that working from home is not as good, or as exciting as being in the office, it is a good idea to, at least, get something for your efforts. In this respect, working from home can save you money, and it is something that you should use to your advantage. If you want to see more on if you can get home office tax breaks, you can check out the infographic below. It is worth exploring and taking advantage of this scheme if you are currently working at home.

Infographic by: Keeper Tax