Taxpayers with an office in their home May deduct a percentage of their home related expenses. This percentage is based on the ratio of the offices area to the area of the home. A taxpayer with 2300 square foot home maintain a 30 foot by 11 foot office. If the yearly electricity bills for the home come to $4500 how much of this is deductible?

Respuesta :

Answer:

17=510 ft^2 office

thesis 510/2400 or 0.2125 area

multiply that by $4800 to get $1020 deductibl

The deductible would br $1020