Anna Mae thee Stallion is a self-employed platinum selling rapper living a rented condominium (condo). One...

Anna Mae thee Stallion is a self-employed platinum selling rapper living a rented condominium (condo). One of the room is the condo is used as a business office only that has270 of the 1,800 square feet of living space in the condo. Anna Mae thee Stallion performs in recording studios and arenas, but Anna Mae thee Stallion does all of her business administrative duties in her home office. This year, Anna Mae thee Stallion’s condo rent was $51,000. She uses a housekeeping company to clean the entire condo once a week and pays them $5,500. She also pays $2,300 for renter’s insurance on the condo furnishings.

What Anna Mae thee Stallion's home office deduction if her net profit before the deduction was $330,000.
What is Anna Mae thee Stallion's home office deduction if her net profit before the deduction was $4,300.
s $4,300.

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ekkarill92 answered 1 year ago

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