Business, 26.02.2020 22:55 inlace3609
Pete qualifies for a home office deduction. The amount of space devoted to business use is 300 square feet of the total 1,200 square feet in his apartment. Pete's total rent for the year is $9,600, and he pays utilities (other than telephone) of $2,500 for the year. Calculate Pete’s deduction for home office expenses before the gross income limitation.
Rent $
Utilities other than telephone
Total home office expenses $
Answers: 3
Business, 22.06.2019 12:50
Kyle and alyssa paid $1,000 and $4,000 in qualifying expenses for their two daughters jane and jill, respectively, to attend the university of california. jane is a sophomore and jill is a freshman. kyle and alyssa's agi is $135,000 and they file a joint return. what is their allowable american opportunity tax credit after the credit phase-out based on agi is taken into account?
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Pete qualifies for a home office deduction. The amount of space devoted to business use is 300 squar...
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