Americans working from home face double taxation threat from the IRS

By Around the Web

(Image by Magnet.me from Pixabay)
(Image by Magnet.me from Pixabay)

(FOX BUSINESS) — The number of Americans working from the comfort of their own home soared during the COVID-19 pandemic.

However, the rise of remote work comes with a potentially painful ramification for many employees during the tax-filing season. Depending on where you live and where your employer is based, you may be subject to the income tax rules of two – or more – states.

Individuals can be taxed based on both where they live, and where they earn income. As of 2024, all but nine states impose a tax on income.

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