3.0.0 1349 2023-01-11T13:18:35Z 2023-01-11T13:18:35Z Senate S S 2009-06-25 111 ssfi00 Finance Committee Senate Standing Referred to 2009-06-25T16:10:33Z Home Office Tax Deduction Simplification and Improvement Act of 2009 111 3056 HR 2009-06-25 Referred to the House Committee on Ways and Means. Identical bill CRS 2009-06-25 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S7074) IntroReferral 2009-06-25 Sponsor introductory remarks on measure. (CR S7073-7074) IntroReferral B00100 9 Library of Congress 2009-06-25 Introduced in Senate IntroReferral 10000 9 Library of Congress S000663 Sen. Snowe, Olympia J. [R-ME] Olympia Snowe R ME J. N C000705 Sen. Conrad, Kent [D-ND] KENT CONRAD D ND 2009-06-25 True N000032 Sen. Nelson, Bill [D-FL] CLARENCE NELSON D FL WILLIAM 2010-09-20 False 2010-09-23 C000174 Sen. Carper, Thomas R. [D-DE] Thomas Carper D DE R. 2010-09-23 False Taxation Business investment and capital Housing finance and home ownership Income tax deductions Taxation 00 2009-06-25 Introduced in Senate 2009-07-16T20:36:45Z Home Office Tax Deduction Simplification and Improvement Act of 2009 - Amends the Internal Revenue Code to allow a taxpayer who uses a residence to conduct a trade or business to elect a standard tax deduction equal to the product of a standard rate determined by the Secretary of the Treasury and the square footage of the portion of a residence used to conduct a trade or business (home office tax deduction). Modifies the rules for the home office tax deduction to: (1) allow a deduction for the cost of dealing with patients, clients, or customers even if they are not physically present in the home office; and (2) establish a de minimis exemption for personal use of a home office.

Requires the Secretary to ensure that all self-employment tax forms and schedules separately state amounts attributable to real estate taxes, mortgage interest, and depreciation for purposes of the home office tax deduction.

]]> Home Office Tax Deduction Simplification and Improvement Act of 2009 Display Title Home Office Tax Deduction Simplification and Improvement Act of 2009 Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to simplify the deduction for use of a portion of a residence as a home office by providing an optional standard home office deduction. Introduced in Senate IS Short Titles as Introduced Home Office Tax Deduction Simplification and Improvement Act of 2009 Introduced in Senate 2009-06-25T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111s1349is/xml/BILLS-111s1349is.xml 2009-06-25 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S7074) text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.