Question: Mr JR s tax situation for the year is very complicated
Mr. JR’s tax situation for the year is very complicated. He engaged in several high-dollar investment transactions involving unresolved tax issues. He has instructed his accountant to take the most aggressive position possible with respect to these transactions. Mr. JR also wants to take a home office deduction for one of his business activities. The deduction would be only $1,293. Can you suggest any strategic reason why he should forgo the home office deduction?
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