Sarah has a small tax practice that she operates in her home. She meets the requirements for
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Sarah has a small tax practice that she operates in her home. She meets the requirements for home office deduction. Her gross earnings were $2,800 and allocated expenses were: interest and taxes, $2,100; maintenance $200; and depreciation $1,500. How much depreciation can she deduct for the tax year?
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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