36. Which of the following expenses, if any, is/are deductible? a. Contribution to a Roth IRA. b. Costs involved in maintaining an office in the home by a self-employed insurance adjuster. Taxpayer's wife also used the office as a meeting place for her bridge club. c. Cost of moving to first job location. Taxpayer just graduated from college. d. Job-hunting expenses of a fishing guide to become an insurance salesman. e. None of the above. 37. Fran is a CPA who has a small practice in addition to working as the controller for a local manufacturing business. Fran runs her tax practice out of a 150-square office in her home where she meets clients and works on their tax returns and researches their tax issues. She meets the exclusive use test for this space. The gross income from her tax practice amounts to $ 7,500 for the year. Business expenses amount to $ 1,000. Based on square footage, $ 4,000 of Fran's mortgage interest and real estate taxes are allocable to the home office. The allocable portion of maintenance, utilities, and depreciation is $ 4,500. Assuming no other expenses related to the business were incurred, what amount of the maintenance, utilities, and depreciation is deductible by Fran? a. $0. b. $ 2,500. C. $3,500. d. $ 4,500. e. None of these. 38. Tammy has $ 200,000 of QBI from her neighborhood clothing store (a sole proprietorship). Her proprietorship paid $ 30,000 in W-2 wages and has $ 20,000 of qualified property. Tammy's spouse earned $ 50,000 of wages as an employee, they earned $ 20,000 of interest income during the year, and they will be filing jointly. What is their QBI deduction for 2021? a. $-0-. b. $ 40,000. c. $ 50,000. d. $ 54,000. e. None of these. 36. Which of the following expenses, if any, is/are deductible? a. Contribution to a Roth IRA. b. Costs involved in maintaining an office in the home by a self-employed insurance adjuster. Taxpayer's wife also used the office as a meeting place for her bridge club. c. Cost of moving to first job location. Taxpayer just graduated from college. d. Job-hunting expenses of a fishing guide to become an insurance salesman. e. None of the above. 37. Fran is a CPA who has a small practice in addition to working as the controller for a local manufacturing business. Fran runs her tax practice out of a 150-square office in her home where she meets clients and works on their tax returns and researches their tax issues. She meets the exclusive use test for this space. The gross income from her tax practice amounts to $ 7,500 for the year. Business expenses amount to $ 1,000. Based on square footage, $ 4,000 of Fran's mortgage interest and real estate taxes are allocable to the home office. The allocable portion of maintenance, utilities, and depreciation is $ 4,500. Assuming no other expenses related to the business were incurred, what amount of the maintenance, utilities, and depreciation is deductible by Fran? a. $0. b. $ 2,500. C. $3,500. d. $ 4,500. e. None of these. 38. Tammy has $ 200,000 of QBI from her neighborhood clothing store (a sole proprietorship). Her proprietorship paid $ 30,000 in W-2 wages and has $ 20,000 of qualified property. Tammy's spouse earned $ 50,000 of wages as an employee, they earned $ 20,000 of interest income during the year, and they will be filing jointly. What is their QBI deduction for 2021? a. $-0-. b. $ 40,000. c. $ 50,000. d. $ 54,000. e. None of these