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Can You Claim This Tax Break If You Work from Home?

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Thu, Jul 21, 2022 10:30 AM

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How to Choose a Mutual Fund | Has Bad Economic News in 2022 Hurt Your Retirement Plans? | Don?t Be

How to Choose a Mutual Fund | Has Bad Economic News in 2022 Hurt Your Retirement Plans? | Don’t Be Tricked Into Voluntarily Paying Higher Taxes on Your IRA Created for {EMAIL} | [Web Version]( July 21, 2022 CONNECT WITH KIPLINGER  [LinkedIn]( [Facebook]( [Twitter]( [Youtube]( [Instagram]( [SIGN UP]( ⋅ [WEBSITE]( [] Top story [] [Can You Claim This Tax Break If You Work from Home?]( If you're working from home, your employment status determines whether you can claim the home office deduction on your tax return. [READ MORE]( Plus: [Tax Planning Shouldn’t Be an Afterthought]( [] Mutual Funds [] [How to Choose a Mutual Fund]( [How to Choose a Mutual Fund]( (Getty Images) Investors wanting to build a portfolio will have no shortage of mutual funds at their disposal. And that's one of the biggest problems in choosing just one or two. [READ MORE]( Plus: [2022's Best Mutual Funds in 401(k) Retirement Plans]( [See Why Experts Recommend This Cash Back Card]( You don't want to miss out on a $200 signup bonus and ridiculous cash back! Apply for this red hot card today! [READ MORE]( ADVERTISEMENT: [] Retirement [] [Has Bad Economic News in 2022 Hurt Your Retirement Plans?]( The right plan now can get you back on track and reduce the risk going forward, explains investment adviser representative Jerry Golden. [READ MORE]( Plus: [In What Order Should You Tap Your Retirement Funds?]( [] IRAs [] [Don’t Be Tricked Into Voluntarily Paying Higher Taxes on Your IRA]( [Don’t Be Tricked Into Voluntarily Paying Higher Taxes on Your IRA]( (Getty Images) Traditional IRAs are set up in a way that basically incentivize you (and your heirs) into paying the highest tax bill possible. Don’t fall for it. Financial planner Keith Singer wants you to consider a Roth conversion instead. [READ MORE]( Plus: [Calculate Your Required Minimum Distribution From IRAs]( [What's the Potential Value of Working With a Financial Advisor?]( Contrary to a somewhat commonly held opinion, a financial advisor isn't merely an investment manager after fees and commissions. A financial advisor helps you think through a variety of financial considerations SmartAsset's free tool matches you with fiduciary financial advisors who serve your area in 5 minutes. [READ MORE]( ADVERTISEMENT [] Financial Planning [] [4 Financial Steps to Care for Your Child with Special Needs]( Parents of children who have special needs are busy folks, but they would sleep better at night if they took the time to complete these four tasks detailed by financial planner Josh Monroe. [READ MORE]( Plus: [A Special Trust for a Special Need]( [Build a Custom Financial Plan with Vanguard]( Vanguard Personal Advisor Services® is built to provide you an ongoing collaboration with our professional advisors - no matter where you are. Our advisors are salaried and don't earn commissions, so they'll always put your best interests first. [Take the first step with Vanguard today.]( ADVERTISEMENT: [] Paying for College [] [Will Private Student Loans Be Forgiven?]( [Will Private Student Loans Be Forgiven?]( (Getty Images) The Biden Administration is still tinkering with its student loan forgiveness program. Will it include private student loans? [READ MORE]( Plus: [25 Best College Majors for a Lucrative Career]( [3 Steps to Comprehensive Retirement Planning]( See what retirement might look like for you and get a feel for what our award-winning free dashboard can do. Want a more accurate assessment? [READ MORE]( ADVERTISEMENT ABOUT KIPLINGER When we write about money, we get it right. So the decisions you make with your dollars are also right. Since 1920, Kiplinger has earned a reputation as a trusted provider of unbiased financial advice, objective business and economic forecasts, and practical help to millions of business professionals, investors, and individuals seeking to make more profitable decisions with their money. Our [flagship publications]( include Kiplinger’s Personal Finance magazine, The Kiplinger Letter, The Kiplinger Tax Letter, Kiplinger’s Retirement Report, and Kiplinger’s Investing for Income. All are regarded as the leading publications in their respective fields. Every day, millions of readers rely on our [free e-newsletters]( and [podcasts]( for help on everything from getting the best rate on a mortgage or car loan, to managing their businesses in an uncertain world, avoiding an IRS audit, building wealth for a secure retirement, or investing wisely in any kind of market. Now it’s your turn to reap all the rewards Kiplinger has to offer. Visit [Kiplinger.com](, your gateway to all of the above and much more. Check in any time for our latest advice on how to make more money, and keep more of the money you make. Stay right on the money, with Kiplinger. [Sign Up]( | [Print Publications]( | [Unsubscribe]( [Privacy Policy]( | [Cookies Policy]( | [Terms and Conditions]( CONTACT US: [FEEDBACK](mailto:mailto:alerts@kiplinger.com) | [ADVERTISE]( Future US LLC © 1100 13th St. NW, Suite 1000, Washington, DC 20005

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