Question: please need help on a) and b) Rita owns a sole proprietorship in which she works as a management consultant. She maintains an office in
Rita owns a sole proprietorship in which she works as a management consultant. She maintains an office in her home (500 square feet) where she meets with clients. prepares bills, and performs other work-related tasks. Her business expenses, other than home office expenses, total $6,060. The following home-related expenses hove been allocated to her home office under the actual expense method for calculating home office expenses. Also, assume that, not counting the sole proprietorship. Rita's AGI is $64,600. Rita itemizes deductions, and her itemized deduction for non-home business taxes is less than $10,000 by more than the real property taxes allocated to business use of the home. Assume Ritd's consulting business generated $16,150 in gross income. Note: Leave no answer blank, Enter zero if applicable. Required: a. What is Rita's home office deduction for the current year? b. What would Rita's home office deduction be if her business generated $11,150 of gross income instead of $16,150 ? (Answer for both the actual expense method and the simplified method.) c. Glven the original fncts, what is Rita's AGI for the year? d. Given the original focts, what types and amounts of expenses will she carry over to next year? ( Answer is not complete. Complete this question by entering your answers in the tabs below. What is Pita's home office deduction for the current year
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