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The Simple Way to Claim

Once you have qualified for the home office deduction, the next question is how to calculate it. The either/or dilemma is often between the tedious calculation of actual expenses vs. a simpler, more streamlined approach. The Simplified Method is the Simple alternative.

Even if you qualify, you still must choose how to calculate the deduction. The IRS offers a simplified method as an alternative to calculating actual expenses. This method generally involves multiplying the square footage of your office (up to a maximum of 300 square feet) by a prescribed rate ($5 per square foot). This Simple method demystifies the complex rules around the business use of your home.

Download the S3 Home Office Deduction Qualifier now to confidently claim your deduction: https://www.safesimplesound.com/the-s3-home-office-deduction-qualifier/.

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DISCLAIMER: This content is for educational purposes only and should not be considered personalized financial advice. Always consult with a qualified financial professional before making financial decisions.

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