6 John maintains an office in his home that comprise 9% (200 Sq. ft.) of total...

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6 John maintains an office in his home that comprise 9% (200 Sq. ft.) of total floor space. income from business was $65,000 and his expenses for his residence for the year ended Decmber 31, 2020 were as follows: Real Property Taxes Interest on Mortgage Lawn more Expenses Home owners dues Mortgage on house Utilities Repairs Depreciation House 15,000 30,000 3,000 1,200 45,000 4,500 650 3,000 Calculate office in home deduction based on (1) regular Method (2) Simplified Method 6 John maintains an office in his home that comprise 9% (200 Sq. ft.) of total floor space. income from business was $65,000 and his expenses for his residence for the year ended Decmber 31, 2020 were as follows: Real Property Taxes Interest on Mortgage Lawn more Expenses Home owners dues Mortgage on house Utilities Repairs Depreciation House 15,000 30,000 3,000 1,200 45,000 4,500 650 3,000 Calculate office in home deduction based on (1) regular Method (2) Simplified Method