Summary: H.R.40 — 104th Congress (1995-1996)All Information (Except Text)

There is one summary for H.R.40. Bill summaries are authored by CRS.

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Introduced in House (01/04/1995)

Amends the Internal Revenue Code to allow the deduction for home office expenses if a portion of a dwelling unit is used as the sole fixed location of business for a taxpayer who has no other fixed location of business, regardless of: (1) the amount of time or type of work performed in such location; or (2) the proportion of the total income from the business attributable to such location.