Lines 1-3
If you figure the percentage based on area, use lines 1 through 3 to figure the business-use
percentage. Enter the percentage on line 3.
You can use any other reasonable method that accurately reflects your business-use percentage. If you operate a daycare facility and you meet the exception to the exclusive use test for part or all of the area you use for business, you must figure the business-use percentage for that area as explained under Daycare Facility. If you use another method to figure your business percentage, skip lines 1 and 2 and enter the percentage on line 3.
Worksheet to Figure the Deductions for Business Use of Your Home
Instructions for the Worksheet
Part 1 - Part of Your Home Used for Business
Part 2 - Figure Your Allowable Deduction
Part 3 - Depreciation of Your Home
Part 4 - Carryover of Unallowed Expenses to Next Year
Information courtesy of the Internal Revenue Service.
