TXX5768 REAL ESTATE TAXATION

Which of the following statements is false?

	A.	If the taxpayer chooses to use the safe harbor method of calculating the home office deduction, no deduction for depreciation may be taken.
	B.	Under the safe harbor method of calculating the home office deduction, the amount of the deduction may not exceed the net income from the business activity conducted in the home before taking into account the home office deduction.
	C.	Unlike the actual expense method, an individual who uses the safe harbor method of calculating the home office deduction may not deduct any disallowed deduction amount carried over from a prior tax year.
	D.	None of the above.