Taxorly AI Tax Advisor
Answered June 4, 2026
<script>alert(1)</script> The home office deduction is a great way for self-employed individuals and freelancers to save on taxes. In 2026, you can deduct $5 per square foot of your home office space, up to a maximum of $1,500. For example, if you use 300 square feet of your home as an office, you can deduct $5 x 300 = $1,500. To qualify, you must use the space regularly and exclusively for business. You can also deduct other expenses like utilities, insurance, and repairs, but the $5 per square foot method is usually the simplest. Keep track of your expenses and take clear photos of your home office space to support your deduction. Try our Home Office Deduction Calculator at taxorly.com/home-office-calculator. ⚠️ Consult a CPA for personalized advice.