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Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return
Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question 14 Requirea information (The following information applies to the questions displayed below.) Part 2 of 2 Rita owns a sole proprietorship in which she works as a management consultant. She maintains an office in her home (500 square feet) where she meets with clients, prepares bills, and performs other work-related tasks. Her business expenses, other than home office expenses, total $5,720. The following home-related expenses have been allocated to her home office under the actual expense method for calculating home office expenses. 3.59 points Real property taxes Interest on home mortgage Operating expenses of home Depreciation $1,660 5, 190 830 1,636 Also, assume that, not counting the sole proprietorship, Rita's AGI is $61,200. Assume Rita's consulting business generated $15,300 in gross income. (Leave no answer blank. Enter zero if applicable.) b. What would Rita's home office deduction be if her business generated $10,300 of gross income instead of $15,300? (Answer for both the actual expense method and the simplified method.) % Answer is not complete. Actual expense method Simplified method $ 1,500
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