Home Office Deduction Calculator

Compare the Simplified Method vs. Actual Expenses to find your biggest tax write-off.

Property Details
sq ft
sq ft
$

Used to calculate your depreciation deduction.

Annual Expenses
$
$
$
$
$

Recommended Strategy

Simplified Method
Save an extra $180 / year

The Simplified Method is better for you. It saves you time and provides a larger deduction.

Simplified Method

Easy
Total Deduction$750
Est. Tax Savings: $180

Actual Expenses

Advanced
Business Use7.5%
Direct Expenses$0
Depreciation$0
Total Deduction$0
Est. Tax Savings: $0

Depreciation Recapture Warning

If you claim depreciation (Actual Method), you may owe tax on that amount when you sell your home. The Simplified Method avoids this.