Using the simplified method, a sole proprietor may deduct which of the following for qualified business-use-of-home expenses?
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Using the simplified method, a sole proprietor may deduct which of the following for qualified business-use-of-home expenses? A fraction of their mortgage interest. A fraction of their depreciation. A fraction of their rent. No actual expense may be deducted under the simplified method.
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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