Simple Method Smart Worksheet

Elect the simplified method for Home Office expenses in 2013

A
B
C
D
E
F
G

Gross income limitation

Enter the square footage of your office
The lesser of the square footage of your office or 300
Number of months in 2013 this home office was used at least 15 days
during the month
Business percentage for daycare facilities (if applicable, or 100.00 if not)
Line C times line D divided by 12 times $5.00 times line E
Allowable Simple Method deduction. Enter the lesser of line A or line F

Yes

No