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.

Also, assume that, not counting the sole proprietorship, Rita's AGI is $$61,200.$ Rita itemizes deductions, and her

itemized deduction for non$-$home business taxes is less than $$10,000$ by more than the real property taxes allocated to

business use of the home.

Assume Rita's consulting business generated $$15,300$ in gross income.

Note: Leave no answer blank. Enter zero if applicable.

Required:

a$.$ What is Rita's home office deduction for the current year?

b$.$ What would Rita's home office deduction be if her business generated $$10,300$ of gross income instead of

$$15,300?($Answer for both the actual expense method and the simplified method.$)$

c$.$ Given the original facts, what is Rita's AGI for the year?

d$.$ Given the original facts, what types and amounts of expenses will she carry over to next year?

Complete this question by entering your answers in the tabs below.

Given the original facts, what types and amounts of expenses will she carry over to next year?

Tier $1$ expenses carried over to next year

Tier $2$ expenses carried over to next year

Tier $3$ expenses carried over to next yearita 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.

Real property taxes $ $1,660$

Interest on home mortgage $5,190$

Operating expenses of home $830$

Depreciation $1,636$

Also, assume that, not counting the sole proprietorship, Rita's AGI is $$61,200.$ Rita itemizes deductions, and her itemized deduction for non$-$home business taxes is less than $$10,000$ by more than the real property taxes allocated to business use of the home.

Assume Rita's consulting business generated $$15,300$ in gross income.

Note: Leave no answer blank. Enter zero if applicable.

Required:

What is Rita's home office deduction for the current year?

What would Rita's home office deduction be if her business generated $$10,300$ of gross income instead of $$15,300?($Answer for both the actual expense method and the simplified method.$)$

Given the original facts, what is Rita's AGI for the year?

Given the original facts, what types and amounts of expenses will she carry over to next year