Honed Money · Business
Your workspace, two ways.
Compare the IRS simplified method with a basic allocation of your annual home expenses. See the arithmetic before you discuss it with a tax professional.
Flat rate or expense share?
The simplified method values up to 300 square feet. The actual-expense estimate allocates listed costs using your business-use percentage.
LARGER ESTIMATED DEDUCTION
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Actual-expense estimate
— —BUSINESS-USE SHARE—
LISTED HOME EXPENSES—
ESTIMATED DIFFERENCE—
This is a narrow comparison. The actual method may also involve direct office expenses, depreciation, real estate taxes, repairs, carryovers, and income limits. Those items are not modeled here.
IRS simplified-method rate checked October 7, 2026.
Read the IRS guidance ↗Estimate only — not tax advice. Eligibility and the allowable deduction depend on your facts, records, business income, filing status, and current tax rules. This tool does not prepare Form 8829 or a tax return.