Home Office Deduction Calculator
Calculate your home office tax deduction using the simplified or actual expense method. Compare both methods to maximize your deduction.
Annual Expenses
Results
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Simplified Deduction
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Actual Method Deduction
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Recommended Method
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Business Use %
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Est. Tax Savings (22%)
Method Comparison
Simplified method: $5/sq ft up to 300 sq ft (max $1,500). No expense tracking required.
Actual expense method: Deduct the business-use percentage of your actual home expenses. Requires records.
Frequently Asked Questions
Who qualifies for the home office deduction?▾
Self-employed individuals, freelancers, and independent contractors who use a dedicated space in their home regularly and exclusively for business can claim the home office deduction. W-2 employees generally cannot.
What is the simplified home office deduction method?▾
The simplified method allows $5 per square foot of home office space, up to 300 square feet, for a maximum deduction of $1,500. No tracking of actual expenses is required.
Which method gives a larger deduction?▾
The actual expense method often yields a larger deduction for those with high housing costs, but requires tracking expenses. This calculator compares both methods so you can choose the better option.
Is my financial data safe?▾
Yes. All calculations happen entirely in your browser. No data is ever sent to a server.