Question
20 Dierdre is a sole proprietor and wishes to use the simplified method for business-use-of-home expenses. Her mortgage interest for 2017 is $3,500, and real
20 Dierdre is a sole proprietor and wishes to use the simplified method for business-use-of-home expenses. Her mortgage interest for 2017 is $3,500, and real estate taxes are $975. Her home office is 400 square feet, and her total home square footage is 1,800 square feet. What is the home office expense deduction?
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College Accounting Chapters 1-26
Authors: Douglas J. McQuaig, Patricia A. Bille
6th Edition
0395796997, 978-0395796993
