Your “tax home” is not always the place you consider your primary residence, the Tax Court noted in a new case.
A tax home is the general area of your workplace, according to the IRS, which may impact travel deductions you claim you have incurred while working away from home.
In the new case, the Tax Court ruled that an individual’s tax home was a hotel where he stayed for business activities. People affected by the COVID-19 pandemic may find themselves in similar circumstances. Get the details.