Home Office Deduction Calculator

Calculate home office tax deduction for real estate agents

Sum of all values.
sq ft
Enter the office square feet value for this calculation.
sq ft
Age in the specified unit (typically years).
$
Government levy as percentage or fixed amount.
$
Enter the annual utilities value for this calculation.
$
Enter the annual insurance value for this calculation.
$

Results

Office Percentage:
Value expressed as a rate (per unit).
-%
Regular Method Deduction:
Calculated regular method deduction based on your inputs.
-
Simplified Method ($5/sqft):
Calculated simplified method ($5/sqft) based on your inputs.
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Recommended Method:
Suggested value based on calculations.
-
Reference: Industry Standards.