With more people working from home than ever, it’s natural to wonder: Can I write off my home office? The answer depends on how you work.

If you’re self-employed, freelance, or run your own business from home, you may be eligible for valuable tax deductions. But if you’re a W-2 employee, even working remotely full-time, the IRS currently does not allow home office deductions.

To qualify, your home office must be:

• Used regularly and exclusively for business
• Your principal place of business

You can deduct part of your rent or mortgage, utilities, internet, and even repairs, either by calculating actual expenses or using the simplified $5-per-square-foot method (up to 300 sq. ft).

Keep in mind: proper documentation and clear separation between personal and business use are key.

So, if your living room doubles as your office and your coffee table as your desk — make sure that space truly meets the IRS requirements before claiming it!  Additionally, consider consulting with a tax professional or accountant to ensure that you are maximizing your deductions while complying with tax laws and regulations.

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