H. R. 6500

To temporarily allow a deduction for the trade or business expenses of employees.

117 HR 6500 IH: Home Office Deduction Act of 2022

U.S. House of Representatives

2022-01-25

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117th CONGRESS

2d Session

H. R. 6500

IN THE HOUSE OF REPRESENTATIVES

January 25, 2022

Mr. Morelle

introduced the following bill; which was referred to the

Committee on Ways and Means

A BILL

To temporarily allow a deduction for the trade or business expenses of employees.

Short title

This Act may be cited as the

Home Office Deduction Act of 2022

Temporary deduction for trade or business expenses of employees

(a)

In general

For purposes of the Internal Revenue Code of 1986—

(1)

the qualified employee trade or business deductions of any taxpayer for any taxable year shall not be treated as itemized deductions, and

(2)

in the case of an taxpayer who does not elect to itemize such taxpayer’s deductions for any taxable year, the taxable income of such taxpayer for such taxable shall be reduced by the qualified employee trade or business deductions of such taxpayer for such taxable year.

(b)

Qualified employee trade or business deductions

For purposes of this section, the term

qualified employee trade or business deductions

means so much of the deductions allowed by

section 162

of the Internal Revenue Code of 1986 (determined without regard to section 67(g) of such Code) as are attributable to amounts paid or incurred—

(1)

in the trade or business of being an employee, and

(2)

during the period beginning on March 13, 2020, and ending on December 31, 2022.

(c)

Phase-Out based on modified adjusted gross income

(1)

In general

In the case of any taxpayer for any taxable year, the amount of qualified employee trade or business deductions taken into account under subsection (a) (determined without regard to this subsection) shall be reduced (but not below zero) by the amount which bears the same ratio to the amount of such deductions (as so determined) as—

(A)

the excess of—

(i)

the taxpayer’s modified adjusted gross income for such taxable year, over

(ii)

$200,000 ($400,000 in the case of a joint return), bears to

(B)

$50,000 ($100,000 in the case of a joint return).

(2)

Modified adjusted gross income

For purposes of this subsection, the term

modified adjusted gross income

means the adjusted gross income of the taxpayer (as defined in

section 62

of the Internal Revenue Code of 1986) for the taxable year increased by any amount excluded from gross income under sections 911, 931, and 933 of such Code.