View Home Office Deduction Worksheet Background. In this publication you will find: Worksheet to figure the deduction for business use of your home.
First, you need to gather a list of your home office. Your home office needs to be used exclusively for business. This simplified option does not change the criteria for who may claim a home office deduction.
So, if your home office was a 10×10 room, the square footage of would be 100.
Your home office business deductions are based on either the percentage of your home used for the business or a simplified square footage calculation. For example, $1,000 of the $10,000 of mortgage interest moved from schedule a's list of itemized deductions to the 8829 form that tallies the home office deduction. A home office deduction worksheet (excel) to calculate your tax claim. Deductions and credits federal deductions and exemptions not allowed for pennsylvania tax purposes.