Home Office Simplification Act of 2005

Home Office Simplification Act of 2005 - Amends the Internal Revenue Code to allow a standard minimum tax deduction of $2,500 for business use of a residence.

[Congressional Bills 109th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4262 Introduced in House (IH)]







109th CONGRESS
  1st Session
                                H. R. 4262

      To provide a standard deduction for business use of a home.


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                    IN THE HOUSE OF REPRESENTATIVES

                            November 9, 2005

 Mr. English of Pennsylvania introduced the following bill; which was 
              referred to the Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
      To provide a standard deduction for business use of a home.

    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 Simplification Act of 
2005''.

SEC. 2. STANDARD HOME OFFICE DEDUCTION.

    (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.--In the case of a use 
        described in paragraph (1), (2), or (4), and in the case of a 
        use described in paragraph (3) where the dwelling unit is used 
        by the taxpayer during the taxable year as a residence, the 
        deductions allowed under this chapter for the taxable year by 
        reason of being attributed to such use shall not be less than 
        $2,500.''.
    (b) Standard Home Office Deduction not Subject to Limitation.--
Paragraph (5) of section 280A(c) of such Code (relating to limitation 
on deductions) is amended by striking ``In the case of'' and inserting 
``Except as provided in paragraph (7), in the case of''.
    (c) Effective Date.--The amendments made by this section shall 
apply to taxable years beginning after the date of the enactment of 
this Act.
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