Question: Chandler, is self-employed and operates his business from the 490 square -foot den in his 3,400 square-foot home. His home has a total of 7
Chandler, is self-employed and operates his business from the 490 square -foot den in his 3,400 square-foot home. His home has a total of 7 rooms, of which the den is one. Barney has eligible annual home expenses that total $16,000.
Calculate the square footage option, as well as the number of rooms option to determine which is more advantageous for Barney to ensure he can claim the most of his eligible home expenses.
Please provide the exact amount of his eligible home expenses he can claim.
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