HR 6214
110th CONGRESS
2d Session
H. R. 6214
To amend the Internal Revenue Code of 1986 to provide a standard
home office deduction.
IN THE HOUSE OF REPRESENTATIVES
June 9, 2008
Mr. MCHUGH (for himself, Mr. KUHL of New York, and Mr. SMITH of Nebraska)
introduced the following bill; which was referred to the Committee on Ways
and Means
A BILL
To amend the Internal Revenue Code of 1986 to provide a standard
home office deduction.
Be it enacted by the Senate and House of Representatives of the United
States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the `Home Office Deduction Simplification Act of
2008'.
SEC. 2. STANDARD DEDUCTION FOR BUSINESS USE OF HOME.
(a) In General- Subsection (c) of section 280A of the Internal Revenue Code
of 1986 (relating to disallowance of certain expenses in connection with business
use of home, rental of vacation homes, etc.) is amended by adding at the end
the following new paragraph:
`(7) STANDARD HOME OFFICE DEDUCTION-
`(A) IN GENERAL- In the case of an individual that is allowed a deduction
for the use of a home office because of a use described in paragraphs
(1), (2), or (4) of this subsection, notwithstanding the limitations of
paragraph (5), if such individual elects the application of this paragraph
for the taxable year, such individual shall be allowed a deduction equal
to the standard home office deduction for the taxable year in lieu of
the deductions otherwise allowable under this chapter for such taxable
year by reason of being attributed to such use.
`(B) STANDARD HOME OFFICE DEDUCTION AMOUNT- For purposes of this paragraph,
the standard home office deduction is the lesser of--
`(ii) the gross income derived from the individual's trade or business
for which such use occurs.
`(C) INFLATION ADJUSTMENT- In the case of any taxable year beginning in
a calendar year after 2009, the dollar amount in subparagraph (B)(i) shall
be increased by an amount equal to--
`(i) such dollar amount, multiplied by
`(ii) the cost-of-living adjustment determined under section 1(f)(3)
for the calendar year in which the taxable year begins, determined by
substituting `2008' for `1992' in subparagraph (B) thereof.
Any increase determined under the preceding sentence shall be rounded
to the nearest multiple of $100.'.
(b) Effective Date- The amendment made by this section shall apply to taxable
years beginning after the date of the enactment of this Act.
END
