Deductions & credits

There are two ways to claim the Home Office Deduction.

1. For the simplified method, then it is $5/square foot for the exclusively used office space. For the actual method, then it is a ratio of the office space to the whole square footage.
   1. Click the link for the IRS explanation for Simplified Option for Home Office Deduction. It does not affect the depreciation of your home and is $5/sq. ft up to $1,500.
2. For the actual method: Click the link for the directions to Enter the Home Office Deduction.

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