I have a dedicated space at home that I use for my business. I've read that there is a $5 per 300sf (max) 2022 deduction. Is that for the entire deduction, or is that a per month deduction? If I've used my place every month for business, shouldn't I be able to use the deduction monthly? $1500 x 12?
I've also read that there is alternate option to use 25% deduction that can be used. Is that 25% of each monthly rent/mortgage payment?
