Measuring home office square footage
Varies
Can You Write Off Measuring Home Office Square Footage?
Short answer: Divide the office's square feet by your home's total square feet to get the share of rent, utilities, and insurance you can deduct.
A home office counts only if a specific area is used regularly and exclusively for business; the simplified method is $5 per square foot up to 300 sq ft.
Records to keep: Keep receipts, 1099s or W-2s, a mileage log, and a note of the business purpose. W-2 employees should ask about employer reimbursement.
Measuring home office square footage
Varies
Remote Workers / Freelancers / Consultants
Divide the office's square feet by your home's total square feet to get the share of rent, utilities, and insurance you can deduct.
Business justification
Divide the office's square feet by your home's total square feet to get the share of rent, utilities, and insurance you can deduct. A home office counts only if a specific area is used regularly and exclusively for business; the simplified method is $5 per square foot up to 300 sq ft.
Category
- Write-Offs by Job