Question: please help with this her home office. Before er allocable home office 3.11 b. $9,000 short-ter c. $3,000 short-term capital loss d. $3,000 ordinary loss

her home office. Before er allocable home office 3.11 b. $9,000 short-ter c. $3,000 short-term capital loss d. $3,000 ordinary loss e. $6,000 short-term capital loss 20. Kathy is a self-employed taxpayer working exclusively from her home office the home office deduction, Kathy has $3,000 of net income. Her allocable home expenses are $5,000 in total (includes $2,000 of allocated interest and property ta How are the home office expenses treated on her current year tax return? a. All home office expenses may be deducted, resulting in a business loss of $2,000 b. Only $3,000 of home office expenses may be deducted, resulting in net business income of zero. None of the extra $2,000 of home office expenses may be carried forward or deducted. Questions and Problems 3-35 c. Only $3,000 of home office expenses may be deducted, resulting in net business income of zero. The extra $2,000 of home office expenses may be carried forward and deducted in a future year against home office income. d. None of the home office expenses may be deducted since Kathy's income is too low
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