home-office

What problem does it solve?

Calculate the home office deduction for eligible taxpayers who use part of their home for business, guiding method selection (simplified vs actual) and outlining qualification rules, exclusive-use requirements, and depreciation implications.

Core Features & Use Cases

• Simplified method: quick deduction at $5 per square foot up to 300 square feet, with a maximum of $1,500.
• Actual expense method: allocate direct and indirect expenses, compute business-use percentage, and apply depreciation for the business portion using Form 8829.
• Reporting: flows to Schedule C Line 30 and provides guidance on depreciation recapture and eligibility for self-employed or qualifying statutory employees.

Quick Start

Enter your home office size and expense details to calculate the deduction and prepare Form 8829 if using the actual-method approach.