Question
Antonio Capellini is a successful self-employed accountant in CANADA. He meets all of his clients in his office in the basement of his home. The
Antonio Capellini is a successful self-employed accountant in CANADA. He meets all of his clients in his office in the basement of his home. The office is 800 square feet and the house is 3,000 square feet. Antonio incurred the following costs during the current year:
Business liability insurance $ 400
House insurance 880
House utilities 2,600
House repairs and maintenance 3,000
Mortgage interest 5,700
Property tax 1,600
Office supplies 760
What is the amount of the expenses deductible from Antonios business income?
| A. | $1,160 | |
| B. | $2,888 | |
| C. | $3,675 | |
| D. | $4,835 |
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An Environmental Audit Primer Student Guide
Authors: Velsoft Training Materials, Inc.
1st Edition
1774550393, 978-1774550397
