1) Steven is an accountant and maintains an office in his home. Expenses of the business (other than home office expenses) are $15,000. Steven incurs the following home office expenses: His office occupies 420 sq ft of floor space in his residence. Gross income from his business is $34,000. Assuming that Steven uses the simplified method, what is his allowable office in the home deduction?

2)

Jon uses his automobile 80% for his business that he operates as a sole proprietorship. He drove a total of 15,000 miles (12,000 busiess, 3,000 personal) and paid the following amounts for his vehicle:

Parking at clients offices $ 240

Auto Insurance 1,500

Auto club Dues 180

Oil Changes and Tune-ups 280

Repairs 1,160

Depreciation allowable 2,050

Fines incurred while traveling for business 320

Gasoline 2,800

a. What is Jons 2020 deduction for using his car if he uses the automatic (standard milleage) method?