Question
Using the simplified method, a sole proprietor may deduct which of the following for qualified business-use-of-home expenses? A fraction of their mortgage interest. A fraction
Using the simplified method, a sole proprietor may deduct which of the following for qualified business-use-of-home expenses? A fraction of their mortgage interest. A fraction of their depreciation. A fraction of their rent. No actual expense may be deducted under the simplified method.
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
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