Question
When using the simplified method for calculating the home office deduction which of the following is false? Group of answer choices Maximum deduction is $1,500.
When using the simplified method for calculating the home office deduction which of the following is false?
Group of answer choices
Maximum deduction is $1,500.
It is not necessary to track actual costs.
Taxpayer does not have to prove the space is used exclusively as their home office.
Deduction is based on square footage of the home used exclusively for business.
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Audit Quality Association Between Published Reporting Errors And Audit Firm Characteristics
Authors: Jonas Tritschler
2014 Edition
3658041730, 978-3658041731
