Question 22 Jim, a self employed consultant, works entirely out of his home office Which of the following statements is true regarding the potential deduction for his home office expenses? For home offices, the deduction is generally tased on the number of hours spert working in the home office each day A There is no limit on the amount of home office expenses which can be deducted for a given tax year. Jim is not entitled to deduct any of the home office expenses. For home offices, the deduction is generally based on the percentage of the square footage of the home devoted to business use. di Moving to another question will save this response Question 22 Jim a self-employed consultant, works entirely out of his home office. Which of the following statements is true regarding the potential de For home offices, the deduction is generally based on the number of hours spent working in the home office each day. A There is no limit on the amount of home office expenses which can be deducted for a given tax year. B. Jim is not entitled to deduct any of the home office expenses. For home offices, the deduction is generally based on the percentage of the square footage of the home devoted to business use. D