Question: Home office deduction amount and form to put the deduction on for 2018 draft forms? Joyce's office is located in a separate room in the

Home office deduction amount and form to put the deduction on for 2018 draft forms?

Joyce's office is located in a separate room in the house ad occupies 375 sq. ft. The total square footage of the house is 2,500sq.ft. The Schnappaufs purchased the home 7/3/04 for $70,000. The local practice is to allocate 10% of the purchase price to land. The depreciation percentage for the office is 0.02564. When Joyce startsd her business on 1/1/2010, the fair market value of the house was $108,000. The total household expenses for 2018 are as follows:

Heat: 2170, Insurance: 1480, Electricity: 740, Repairs to kitchen: 3100, Cleaning: 1560.

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