Deductions & credits

you can only deduct actual expenses you have.  From your description you don't have any expenses.  

 

what expenses do you have that  you are deducting? Can you show them if audited? 

 

the $5 / sq foot is just a simplified approach to collecting lots and lots of invoices and doing a multitude of calculation to reflect actual expenses you really have.  But you have to have the expenses!