How to file your taxes with TurboTax?

In this video, I cover how to enter the home office deduction for a Schedule C self-employed person. Specifically, we review the home office deduction using the simplified method rather than the actual expenses.

Under the simplified method for 2022, a business can claim $5 per square foot up to a maximum of 300 square feet for their home office. In other words, the maximum deduction allowed is $1,500 even if the size of your home office is greater than 300 square feet.

We encourage taxpayers to review the rules outlined in IRS Publication 587 for Business Use of Home.

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