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Expenses treated on current year tax return
Course:- Accounting Basics
Reference No.:- EM13158651





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Assignment Help >> Accounting Basics

Kathy is a self-employed taxpayer working exclusively from her home office. Before the home office deduction, Kathy has $3,000 of net income. Her allocable home office expenses are $5,000 in total. How are the home office expenses treated on her current year tax return?




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