Home Office Deduction Act of 1995

Home Office Deduction Act of 1995 - Amends the Internal Revenue Code to provide that a home office qualifies as the principal place of business if the office is: (1) the location where the taxpayer's essential administrative or management activities are conducted on a regular and systematic (and not incidental) basis by the taxpayer; and (2) necessary because the taxpayer has no other location for the performance of the administrative or management activities of the business.

Treats the storage of product samples as inventory for deduction purposes.