Core
Home Office Deduction
Deduct eligible costs of working from home.
About this strategy
The home office deduction allows qualifying taxpayers to deduct certain costs associated with using their home for business. Generally, the space must be used regularly and exclusively for qualifying business purposes, although limited exceptions apply. Depending on the method used, deductible costs can include a portion of expenses such as rent, utilities, insurance, mortgage interest, repairs, and depreciation.
Implementation resources
Slides, templates, and supporting videos.