what if independent contractor for less than a year deduction amount

what if independent contractor for less than a year, (e.g. 3 months), can I still request $1500 ($5 x 300 square foot home office space) deduction amount?

121

Expert Alumni

Mar 13, 2023 3:40:27 PM

No.

If you used 300 sq ft of home office space for only 3 months in 2022, you have to calculate the average square footage for the year. In your case: 300 + 300 + 300 = 900 divided by 12 equals 75. And your home office deduction is 75 sq ft x $5 = $375.

Please read this IRS FAQ for more information.

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what if independent contractor for less than a year deduction amount