Home Office Deduction Calculator (Simplified Method)

Calculate your home office deduction using the IRS simplified method ($5 per sq ft, max 300 sq ft = $1,500 max) or the regular method based on actual expenses and percentage of home used

Each component has a specific meaning:

• IRS simplified method ($5 per sq ft — The irs simplified method ($5 per sq ft recorded for the scenario being assessed.
• Max 300 sq ft = $1 — The max 300 sq ft = $1 recorded for the scenario being assessed.
• 500 max) or the regular method based on actual expenses — The 500 max) or the regular method based on actual expenses recorded for the scenario being assessed.
• Percentage of home used — The percentage of home used recorded for the scenario being assessed.

Note: Interpret the home office deduction result against the thresholds and context described above.

Enter the IRS simplified method ($5 per sq ft, max 300 sq ft = $1, 500 max) or the regular method based on actual expenses, percentage of home used for the scenario you are assessing. Calculate your home office deduction using the IRS simplified method ($5 per sq ft, max 300 sq ft = $1,500 max) or the regular method based on actual expenses and percentage of home used. Use the home office deduction result to inform your calculation.