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Candace Uses an Office in Her Home Exclusively for Her

Question 111

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Candace uses an office in her home exclusively for her business. The business use of the home is 100 sq ft out of 2,000 sq ft for the entire home. The total expenses to allocate are $3,000. Candace wishes to maximize her deduction ​in 2015. What is the amount of her home office deduction before any income limitations?

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$500. If Candace allocates the...

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