Easily Calculate Your Home Office Tax Deduction
We work hard for the money we earn (probably from a cozy little office space you created in your home).
Use this Google sheet calculator year after year to keep more of your $$ in your pocket.
Are you tired of struggling to calculate your home office deductions every tax season? Or maybe this is the first you are hearing about it so you are missing out completely!?
Say goodbye to the stress and confusion. The Home Office Deduction Calculator is designed to simplify the process and help you maximize your savings year after year! Don't let the complexities of calculating your home office deductions hold you back any longer.
What is the Home Office Deduction!?
Did you know that as a small business owner if you use a portion of your home for your workspace you can get a deduction? This has to be a desgintated area! So this does not mean you can say, “I work from my kitchen table… so I’m going to write off the kitchen space.” I’m saying there needs to be a specific space… with a desk… you get it!
There are two different ways to do this.
Simplified deduction ($5 x sq ft) maxes out at 300 sq (or $1500)
Regular deduction - Many times you can almost always get more savings with the regular deduction, but it requires you track a lot more information, so many people choose to now track this. With this calculator, you can easily put all the information in one place!
So what can you deduct for your Home Office Space??
If you own your home - your mortgage interest & taxes (not the full mortgage payments)
If you rent - your rent payment
Utilities, Insurance, Internet, etc!
You then take the percentage of your home office square footage of your entire home!! (don’t worry, the calculator will do this math for you!)
Plug in your info & watch your savings calculate!
I always suggest to just share this calculator with your accountant (they will be impressed)! If you are DIYing your taxes and using the actual deduction method - be sure to fill out form 8829!
“It was actually so easy to use. It clearly laid out numbers I hadn’t been considering and helped uncover deductions I was missing.”
— Hattie, Candle Maker
BONUS: Get a cell phone deduction calculator
That's right. If you use your cell phone for business (who doesn't?!) you can deduct a percentage of your portion of the phone bill!! Easily plug your information in to get this deduction
Ready to unlock additional tax savings?!
Get instant access to the calculator after purchase!
Common questions (and answers) about the Google Sheet Templates
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Once you purchase the calculator you will get instant access to it via thrivecart where you will get instructions to make a copy of it into your own google drive
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Each year you can create a new bookkeeping folder (aka Bookkeeping 2025, etc) and make a copy of the calculator. Clear out the old info from the copy and boom - you are ready to stay organized for another year!
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You get a home office deduction for your business if you have a space that is a DEDICATED office space. So I’m not talking that you work at your kitchen table or couch. You have a desk in a room - and that is what you are using to calculate your home office!
You can deduct your home office using the simplified method (sq ft x $5) or the standard method (% of home expenses).
The standard method is what the calculator does. (psst you can almost ALWAYS get more doing this method!)