11. During the current year, Jonathan Beasley has the following costs: Utility Costs For Home Maintenance...

 

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11. During the current year, Jonathan Beasley has the following costs: Utility Costs For Home Maintenance And Repairs For Home Property Taxes For Home House Insurance Interest On Mortgage Home Telephone Monthly Charge Separate Line To Home Work Space Monthly Charge Employment/Business Related Long Distance Charges Home Internet Service Fees $2,500 3,100 5,400 1,300 4,600 600 480 560 720 Mr. Beasley estimates that he uses 18 percent of his residence and 30 percent of his home intermet service for employment/business related purposes. Maximum CCA on 100 percent of the house would be $12,000. Determine the maximum deduction that would be available to Mr. Beasley assuming: He is an employee with S72,000 in commission income. (5 marks) 11. During the current year, Jonathan Beasley has the following costs: Utility Costs For Home Maintenance And Repairs For Home Property Taxes For Home House Insurance Interest On Mortgage Home Telephone Monthly Charge Separate Line To Home Work Space Monthly Charge Employment/Business Related Long Distance Charges Home Internet Service Fees $2,500 3,100 5,400 1,300 4,600 600 480 560 720 Mr. Beasley estimates that he uses 18 percent of his residence and 30 percent of his home intermet service for employment/business related purposes. Maximum CCA on 100 percent of the house would be $12,000. Determine the maximum deduction that would be available to Mr. Beasley assuming: He is an employee with S72,000 in commission income. (5 marks)

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