Required information Problem 14-64 (LO 14-6) (Static) Skip to question [The following information applies to the questions displayed below.] 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 $5,600. The following home-related expenses have been allocated to her home office under the actual expense method for calculating home office expenses. Real property taxes $ 1,600 Interest on home mortgage 5,100 Operating expenses of home 800 Depreciation 1,600 Also, assume that, not counting the sole proprietorship, Rita's AGI is $60,000. 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 Ritas consulting business generated $15,000 in gross income. (Leave no answer blank. Enter zero if applicable.) Problem 14-64 Part a (Static)

Required information

Problem 14-64 (LO 14-6) (Static)

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What is Ritas home office deduction for the current year

	Home office deduction