maxine lives in a 700 square foot syudio apartment she runs her own catering business and...
maxine lives in a 700 square foot syudio apartment she runs her own catering business and cooks client meals in jer kitchen maxine figures the kitcjen is about 350 square feet. what percentage of her rent may maxine defuct as business use of home expense
Homework Answers
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0% Maxine would be eligible for business use of home expense only if she has used for her business purposes. In this case, she has also used it for personal use. So the deduction is not available |
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maxine lives in a 700 square foot syudio apartment she
runs her own catering business and...
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Question 28 of 75. Maxine lives in a 700-square-foot studio apartment. She runs her own catering business and cooks client meals in her kitchen. Maxine figures the kitchen is approximately 350 square feet. She also cooks her personal meals in the kitchen. What percentage of her rent may Maxine deduct as business-use-of-home expense? O 0% O 25% 50% O 100% Mark for follow up
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