Wifi Networking Equipment For Home & Business

In 2022, that amount goes up to $20,500, with the $6,500 catch-up contribution. Plus, you can contribute another 25% of your net self-employment earnings after deducting one-half of self-employment tax and contributions for yourself. As with the home office deduction, it may be worth calculating your deduction both ways so that you can claim whichever is the larger amount.

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