The IRS announced a simplified option in the form of a safe harbor for claiming home office deductions starting for 2013. The safe harbor amount is determined by multiplying the square footage, not to exceed 300 square feet in the portion of the home used in a qualified business use of the home by $5 so the maximum deduction is $1,500. A taxpayer electing the safe harbor method for a taxable year cannot deduct any actual expenses or depreciation related to the qualified business use of the home for that tax taxable year. However, if the taxpayer itemizes deductions, the taxpayer may still deduct, to the extent allowed, any expense related to the home that is deductible without regard to whether there is a qualified business use of the home, such as deduction for qualified residence interest, property taxes and casualty losses) (IR-2013-5).