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please required B part Rhea is a self-employed professional singer. She resides in a rented apartment and uses one room exclusively as a business office.
please required B part
Rhea is a self-employed professional singer. She resides in a rented apartment and uses one room exclusively as a business office. This room Includes 290 of the 2.900 square feet of living space in the apartment. Rhea performs in recording studios and concert halls, but she conducts all of the administrative duties with respect to the business in her home office. This year, Rhea's apartment ren was $62.000. She paid $6.600 to a housekeeping service that cleaned the entire apartment once a week and $3,400 for renter's insurance on the apartment furnishings Required: o. Compute Rhea's home office deduction assuming that her net profit before the deduction was $440,000. b. Compute Rhea's home office deduction assuming that her net profit before the deduction was $5,400, Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below.. Required A Required B Compute Rhea's home office deduction assuming that her net profit before the deduction was $5,400 Home office deduction S (1800) Step by Step Solution
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