Simplified Home Office Deduction

If you take a home office deduction, you may be able to use an optional simplified method to figure it. But the maximum deduction under this new safe-harbor provision is just $1,500. Taxpayers with dedicated home offices may discover it’s worth the extra bookkeeping to justify a bigger write-off, including depreciation, which is not permitted under the new simplified provision. See Publication 587 for details.
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