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A home office deduction calculator computes the allowable deduction for using part of a home for business. The simplified method allows $5/sq ft (up to 300 sq ft, max $1,500); the regular method calculates actual home costs proportional to office area. The space must be used regularly and exclusively for business.

Trin-for-trin guide

  1. 1Measure dedicated office space
  2. 2Calculate percentage of home
  3. 3Apply IRS method

Løste eksempler

Input
200 sq ft office, 2000 sq ft home
Resultat
10% home expense deduction
Simplified: $5/sq ft

Almindelige fejl at undgå

  • Not verifying results
  • Ignoring jurisdiction

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What does this calculator do?

Identify calculation need

How do I use this calculator?

Input required values

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