How the Home Office Deduction Works for 2026

Episode 89 of The Tax Strategy Podcast dives into the home office deduction for 2026. Lucas and Luna break down the two calculation methods — the simplified option at $5 per square foot and the regular method with actual expenses — and walk through the strict exclusive-use test. They discuss a real-world example: a freelance graphic designer who converted a 200-square-foot spare bedroom into an office. The hosts also cover the safer harbor for storage and daycare, and what happens when you sell your home after claiming the deduction. Plus, a quick note on how listener support keeps the show ad-free at buy me a coffee dot com slash fexingo. #HomeOfficeDeduction #TaxStrategy #TaxDeductions #SelfEmployed #Freelancer #SmallBusiness #SimplifiedMethod #RegularMethod #ExclusiveUseTest #IRS #Form8829 #DaycareDeduction #StorageDeduction #CapitalGains #HomeSale #Finance #BusinessPodcast #FexingoBusiness Keep every episode free: buymeacoffee.com/fexingo