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Jayda, who is self-employed, maintains an office in her home that comprises 12% (330 square feet) of total floor space. Gross income for her business
Jayda, who is self-employed, maintains an office in her home that comprises 12% (330 square feet) of total floor space. Gross income for her business is $47,150, and her residence expenses are as follows: Real property taxes Interest on mortgage Operating expenses Depreciation (based on 12% business use) If required, round your final answer to the nearest dollar. a. What is Jayda's office in the home deduction based on the regular method? 6,276 Feedback $4,860 8,100 4,050 4,235 Check My Work b. What is Jayda's office in the home deduction based on the simplified method? 1,500 Jayda, who is self-employed, maintains an office in her home that comprises 12% ( 330 square feet) of total floor space. Gross income for her business is $47,150, and her residence expenses are as follows: If required, round your final answer to the nearest dollar. a. What is Jayda's office in the home deduction based on the regular method? Feedback Check My Work b. What is Jayda's office in the home deduction based on the simplified method
Jayda, who is self-employed, maintains an office in her home that comprises 12% (330 square feet) of total floor space. Gross income for her business is $47,150, and her residence expenses are as follows: Real property taxes Interest on mortgage Operating expenses Depreciation (based on 12% business use) If required, round your final answer to the nearest dollar. a. What is Jayda's office in the home deduction based on the regular method? 6,276 Feedback $4,860 8,100 4,050 4,235 Check My Work b. What is Jayda's office in the home deduction based on the simplified method? 1,500
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