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

CONCEPTS IN FED.TAX.,2020-W/ACCESS

20th Edition

ISBN:9780357110362

Author:Murphy

Publisher:Murphy

Chapter6: Business Expenses

Section: Chapter Questions

Problem 30P

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Please do not give solution in image format ?

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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