The home office deduction is only available to self-employed individuals and small business owners, not employees working from home.

To qualify for the deduction, the home office must be used regularly and exclusively for business, and the business use percentage of the home must be calculated.

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The Simplified Option for the home office deduction, introduced in 2013, allows taxpayers to deduct $5 per square foot of home office space, up to a maximum of $1,500.

The home office deduction can be claimed on Schedule C of the tax return, and supporting documentation, such as photographs and floor plans, must be kept in case of an audit.

If you use a dedicated space in your home for business, you can deduct a portion of your rent or mortgage interest and utilities as a business expense.

To calculate the business use percentage of your home, you can measure the square footage of the home office space and divide it by the total square footage of the home.

For example, if your home office takes up 300 square feet in a 2,000-square-foot home, you may be eligible to deduct 15% of your home expenses.

The home office deduction can include expenses such as mortgage interest, insurance, utilities, repairs, and depreciation for the business use area.

You can choose to itemize your deductions using actual expenses, such as mortgage interest, property taxes, insurance, and utilities, instead of using the Simplified Option.

The home office deduction is only available if you use your home office regularly and exclusively for business, and not for personal or recreational activities.

If you're a small business owner, you can deduct a portion of your home expenses on your tax return, which can include expenses like internet and phone services.

The home office deduction is not limited to traditional offices; it can also apply to other areas of the home used for business, such as a studio, workshop, or laboratory.