A taxpayer has a home office of 250 square feet out of a total home size of 1,875 square feet. The office qualifies for the business use of home treatment. Expenses related to the whole home and which can be apportioned to the office are $2,965. Additional expenses for business use of home directly and *only* related to the home office are $565. What is the amount of the deduction that can be taken for this home office?

Answer rating: 100% (QA)

The allowable deduction for the home office is capped at the total b... View the full answer