Ashley runs a business out of her rental apartment. She uses part of her home exclusively and regularly for this busines
Posted: Tue Apr 26, 2022 9:47 am
Ashley runs a business out of her rental apartment. She uses part of her home exclusively and regularly for this business, her only office space. The office occupies 250 of the 1000 square feet in her apartment. She earned $3,200 for the year from this business. Her expenses for the entire apartment were $12,000 for rent and $2,200 for utilities. How much is the maximum she can deduct this year for her home office expenses?