Anita uses 10% of her home for business purposes and qualifies for a home office deduction. If the space she used for business for the entire year was 400 square feet and she uses the simplified method, for what home - office deduction would she qualify? A) $1,500 B) $2,000 C) $2,500 D) $3,000
Anita uses 10% of her home for business purposes and qualifies for a home office deduction. If the space she used for business for the entire year was 400 square feet and she uses the simplified method, for what home - office deduction would she qualify? A) $1,500 B) $2,000 C) $2,500 D) $3,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Transcribed Image Text:Anita uses 10% of her home for business purposes and qualifies for a home - office deduction. If the space she used for
business for the entire year was 400 square feet and she uses the simplified method, for what home - office deduction
would she qualify? A) $1,500 B) $2,000 C) $2,500 D) $3,000
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