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The Remote Work Tax Deduction Calculator compares the simplified method ($5/sqft, max 300 sqft = $1,500) vs actual expense method (% of home × annual home costs). Self-employed only — W-2 employees lost the federal home office deduction in 2017. Simplified is easier, actual usually higher for owned homes with mortgage interest.

Формула

Simplified = min(sqft, 300) × $5; Actual = (Office/Home%) × Total Home Costs

Водич корак по корак

  1. 1Enter required inputs
  2. 2Calculator outputs key result and related metrics
  3. 3Review and compare scenarios

Worked Examples

Инпут
150 sqft, 1500 sqft home, $24k costs, actual
Резултат
10% × $24k = $2,400 deduction

Common Mistakes to Avoid

  • Forgetting to include all relevant inputs
  • Using outdated reference values

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