Beth's home office represents 10% of her home. In the current year, Beth buys and uses $5,000

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Beth's home office represents 10% of her home. In the current year, Beth buys and uses $5,000 of supplies for her business. How much may Beth deduct on her current-year Schedule C for supplies?

A $4,500

B $0

C $5,000

D $2,500

Related Book For answer-question

Income Tax Fundamentals 2015

ISBN: 9781305177772

33rd Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven Gill

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Posted Date: Jan 10, 2024 02:06 AM

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Beth's home office represents 10% of her home. In the current year, Beth buys and uses $5,000

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