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Will and Grace are friends. Will is a self-employed art teacher and Grace helps out as a part-time assistant. Grace has control of her work
Will and Grace are friends. Will is a self-employed art teacher and Grace helps out as a part-time assistant. Grace has control of her work and is not an employee. Will collected teaching fees of $126,000. . One student had to withdraw, and Will gave back the $1,800 fee. Grace did only a little work this year. Will paid Grace $2,200 and sent her a 1099-MISC. . Will paid $800 for fliers and $200 for business cards. . He paid $500 to an agency to get his name out in the public. He paid $14,000 for art and teaching supplies. He paid $1,200 for the year for office phone services used 100% by the teaching effort. He donated $1,000 to the Center for Art Appreciation. He didn't bring any other information to the interview for getting his tax return prepared. 10. If Will conducted classes in a part of his home that he uses for nothing else, What Line on Schedule C could he claim any well-documented expenses for Office in the Home? Choose one answer. a. Line 27a b. Line 30 c. A classroom is not an allowable deduction X d. Schedule A, Line 16
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