Home Office Deduction Simplification Act of 2008
Last action on Jun 9, 2008Referred to the House Committee on Ways and Means.
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Summary
Home Office Deduction Simplification Act of 2008 - Amends the Internal Revenue Code to allow a taxpayer who uses a residence to conduct a trade or business a standard tax deduction equal to the lesser of $1,500 or the taxpayer's gross trade or business income derived from the business use of such residence.
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