38 of 75. All of the following types of income will be reported on Schedule C EXCEPT: 0000 Prizes or awards received in connection with the business. Recapture of excess depreciation or 179 deductions claimed when the use of listed property drops to 50% or less. Federal or state fuel tax credits or refunds. Passive rental income from a single-family home. Mark for follow up Question 39 of 75. Anne has a qualified home office which takes up 400 square feet of her 1,200 square foot home. The allowable depreciation from the business use of the home is $1,000. Also, Anne paid $1,000 of total interest for the home mortgage in 2019. Which method should be used for determining the home office deduction and how much is the deduction? O Actual; $1,333. Simplified; $1,500. Simplified; $2,000 Simplified; $2,500. Mark for follow up