No, your home office deduction is limited to your Schedule C profit. If you use the Actual Expenses/Regular method, you can carry the unused portion to next year's return, but if you use the Simplified method, any unused portion is lost.
Note that any deduction for the carryover amount is subject to the gross income limit for the following year, whether or not you still live in the same home that year.
The Home Office Deduction
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