No. 9: Simplified home office deduction
If you take a home office deduction, you may be able to use an optional simplified method to figure it. But the maximum deduction under this new safe-harbor provision is just $1,500. Taxpayers with dedicated home offices may discover it’s worth the extra bookkeeping to justify a bigger write-off, including depreciation, which is not permitted under the new simplified provision. See Publication 587 for details.