{"id":7296,"date":"2023-08-18T07:11:33","date_gmt":"2024-02-28T13:57:10","guid":{"rendered":"https:\/\/002.chilluh.nl\/simplified-home-office-deduction-2024\/"},"modified":"2023-08-18T07:11:33","modified_gmt":"2024-02-28T13:57:10","slug":"simplified-home-office-deduction-2024","status":"publish","type":"post","link":"https:\/\/werelivingwell.com\/dwhjcq-simplified-home-office-deduction-2024-qjjvihhrf-photos\/","title":{"rendered":"Simplified Home Office Deduction 2024"},"content":{"rendered":"<div class=\"cd5c096581fd5fc23b44a4969c1e3c2e\" data-index=\"1\" style=\"float: none; margin:10px 0 10px 0; text-align:center;\">\n<div style='text-align: center;'>\r\n<script type=\"text\/javascript\">\r\n\tatOptions = {\r\n\t\t'key' : '0a1f35073c594f712b44ac459670782f',\r\n\t\t'format' : 'iframe',\r\n\t\t'height' : 250,\r\n\t\t'width' : 300,\r\n\t\t'params' : {}\r\n\t};\r\n\tdocument.write('<scr' + 'ipt type=\"text\/javascript\" src=\"\/\/www.profitablecreativeformat.com\/0a1f35073c594f712b44ac459670782f\/invoke.js\"><\/scr' + 'ipt>');\r\n<\/script>\r\n<\/div>\r\n\n<\/div>\n<p>\t\t\t\t<![CDATA[\n\n<p><b>Simplified Home Office Deduction 2024<\/b> &#8211; for a maximum deduction of $1,500. As long as your home office qualifies, you can take this tax break without having to keep records of specific expenses. \u201cI like the (simplified method  . You can calculate the home office deduction in one of two ways: the simplified option or the regular method. As CNBC said, &#8220;the simplified option uses a standard deduction of $5 per square foot of  .<\/p>\n\n\n\n\n<h2>Simplified Home Office Deduction 2024<\/h2>\n\n\n\n\n<p align=\"center\"> <a title=\"Home Office Tax Deduction in 2024   New Updates | TaxAct\"><img decoding=\"async\" src=\"https:\/\/blog.taxact.com\/wp-content\/uploads\/Whats-New-Home-Office-Deduction-410115591.jpg\" width=\"100%\" height=\"100%\"><\/a> <\/p>\n\n\nSource : <a href=\"https:\/\/blog.taxact.com\">blog.taxact.com<\/a>\n\n\n<h2>Do I Qualify for the Home Office Deduction?   Intuit TurboTax Blog<\/h2>\n\n\n\n\n<p align=\"center\"><a title=\"Do I Qualify for the Home Office Deduction?   Intuit TurboTax Blog\"><img decoding=\"async\" src=\"https:\/\/blog.turbotax.intuit.com\/wp-content\/uploads\/2024\/02\/Screenshot-2024-02-09-at-4.40.40-PM.png?w=580\" width=\"100%\" height=\"100%\"><\/a> <\/p>\n\n\nSource : <a href=\"https:\/\/blog.turbotax.intuit.com\" rel=\"nofollow\">blog.turbotax.intuit.com<\/a>\n\n\n<h2>Home Office Deduction: How It Works, Who Can Take It   NerdWallet<\/h2>\n\n\n\n\n<p align=\"center\"><a title=\"Home Office Deduction: How It Works, Who Can Take It   NerdWallet\"><img decoding=\"async\" src=\"https:\/\/www.nerdwallet.com\/assets\/blog\/wp-content\/uploads\/2017\/06\/GettyImages-1180387443-1440x864.jpg\" width=\"100%\" height=\"100%\"><\/a> <\/p>\n\n\nSource : <a href=\"https:\/\/www.nerdwallet.com\" rel=\"nofollow\">www.nerdwallet.com<\/a>\n\n\n<h2>Here&#8217;s who qualifies for the home office deduction for 2023 taxes<\/h2>\n\n\n\n\n<p align=\"center\"> <a title=\"Here's who qualifies for the home office deduction for 2023 taxes\"><img decoding=\"async\" src=\"https:\/\/image.cnbcfm.com\/api\/v1\/image\/107365962-1706560114527-1706559635467-2024_your_money_home_office_deduction_1080p_.jpg?v=1706560116\" width=\"100%\" height=\"100%\"><\/a> <\/p>\n\n\nSource : <a href=\"https:\/\/www.cnbc.com\" rel=\"nofollow\">www.cnbc.com<\/a>\n\n\n<h2>Home Office Deduction: How It Works, Who Can Take It   NerdWallet<\/h2>\n\n\n\n\n<p align=\"center\"> <a title=\"Home Office Deduction: How It Works, Who Can Take It   NerdWallet\"><img decoding=\"async\" src=\"https:\/\/www.nerdwallet.com\/assets\/blog\/wp-content\/uploads\/2017\/06\/GettyImages-1180387443-770x462.jpg\" width=\"100%\" height=\"100%\"><\/a> <\/p>\n\n\nSource : <a href=\"https:\/\/www.nerdwallet.com\" rel=\"nofollow\">www.nerdwallet.com<\/a>\n\n\n<h2>Home Office Tax Deduction 2024   Blog   Akaunting<\/h2>\n\n\n\n\n<p align=\"center\"> <a title=\"Home Office Tax Deduction 2024   Blog   Akaunting\"><img decoding=\"async\" src=\"https:\/\/akaunting.com\/blog\/wp-content\/uploads\/2022\/12\/home-office-tax-deduction-e1670930215674.jpeg\" width=\"100%\" height=\"100%\"><\/a> <\/p>\n\n\nSource : <a href=\"https:\/\/akaunting.com\" rel=\"nofollow\">akaunting.com<\/a>\n\n\n<h2>Here&#8217;s who qualifies for the home office deduction for 2023 taxes<\/h2>\n\n\n\n\n<p align=\"center\"> <a title=\"Here's who qualifies for the home office deduction for 2023 taxes\"><img decoding=\"async\" src=\"https:\/\/image.cnbcfm.com\/api\/v1\/image\/107365962-1706560114527-1706559635467-2024_your_money_home_office_deduction_1080p_.jpg?v=1706560116&amp;w=750&amp;h=422&amp;vtcrop=y\" width=\"100%\" height=\"100%\"><\/a> <\/p>\n\n\nSource : <a href=\"https:\/\/www.cnbc.com\" rel=\"nofollow\">www.cnbc.com<\/a>\n\n\n<h2>How Working from Home Affects Income Taxes &amp; Deductions (2023 2024)<\/h2>\n\n\n\n\n<p align=\"center\"> <a title=\"How Working from Home Affects Income Taxes &amp; Deductions (2023 2024)\"><img decoding=\"async\" src=\"https:\/\/www.debt.org\/wp-content\/uploads\/2020\/10\/working-from-home.jpg\" width=\"100%\" height=\"100%\"><\/a> <\/p>\n\n\nSource : <a href=\"https:\/\/www.debt.org\" rel=\"nofollow\">www.debt.org<\/a>\n\n\n<h2>Top 10 Tax Deductions to Claim for 2024   Chime<\/h2>\n\n\n\n\n<p align=\"center\"> <a title=\"Top 10 Tax Deductions to Claim for 2024   Chime\"><img decoding=\"async\" src=\"https:\/\/www.chime.com\/wp-content\/uploads\/2023\/01\/top-ten-tax-deductions-of-2024.png\" width=\"100%\" height=\"100%\"><\/a> <\/p>\n\n\nSource : <a href=\"https:\/\/www.chime.com\" rel=\"nofollow\">www.chime.com<\/a>\n\n\n<h2>Home Office Tax Deduction in 2024   New Updates | TaxAct<\/h2>\n\n\n\n\n<p align=\"center\"> <a title=\"Home Office Tax Deduction in 2024   New Updates | TaxAct\"><img decoding=\"async\" src=\"https:\/\/blog.taxact.com\/wp-content\/uploads\/Whats-New-Home-Office-Deduction-410115591-1280x720.jpg\" width=\"100%\" height=\"100%\"><\/a> <\/p>\n\n\nSource : <a href=\"https:\/\/blog.taxact.com\" rel=\"nofollow\">blog.taxact.com<\/a>\n\n\n<p><b>Simplified Home Office Deduction 2024 Home Office Tax Deduction in 2024   New Updates | TaxAct<\/b>:   The Internal Revenue Service allows business owners to take the tax deduction two different ways. The simplified option, which was introduced in 2013, allows entrepreneurs to deduct $5 per square foot  . If you qualify for the home office deduction, there are two ways to calculate the tax break, according to the IRS. The &#8220;simplified option&#8221; uses $5 per square foot of the portion of the home used  . <\/p>\n\n\n]]>\t\t<\/p>\n\n<div style=\"font-size: 0px; height: 0px; line-height: 0px; margin: 0; padding: 0; clear: both;\"><\/div>","protected":false},"excerpt":{"rendered":"<p>\t\t\t\t<![CDATA[]]>\t\t<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[57],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/werelivingwell.com\/wp-json\/wp\/v2\/posts\/7296"}],"collection":[{"href":"https:\/\/werelivingwell.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/werelivingwell.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/werelivingwell.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/werelivingwell.com\/wp-json\/wp\/v2\/comments?post=7296"}],"version-history":[{"count":0,"href":"https:\/\/werelivingwell.com\/wp-json\/wp\/v2\/posts\/7296\/revisions"}],"wp:attachment":[{"href":"https:\/\/werelivingwell.com\/wp-json\/wp\/v2\/media?parent=7296"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/werelivingwell.com\/wp-json\/wp\/v2\/categories?post=7296"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/werelivingwell.com\/wp-json\/wp\/v2\/tags?post=7296"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}