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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
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