Home Office Deduction Worksheet

Home Office Deduction Worksheet. The value of the home office deduction with the simplified method is the square footage of your home office multiplied by $5. Equals $472 (to a maximum of $500 for 2021) alex can claim home office expenses of $472 using the temporary flat rate method.

CPA Prepared Home Office Deduction Worksheet Etsy
CPA Prepared Home Office Deduction Worksheet Etsy from www.etsy.com

This new method uses a prescribed rate multiplied by the allowable square footage used in the home. Complete a separate worksheet for each business/activity. Worksheets to figure the deduction for business use of your home \(simplified method\) how to get tax help.

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