This topic contains a solution. Click here to go to the answer

Author Question: Dighi, an artist, uses a room in his home (250 square feet) as a studio exclusively to paint. The ... (Read 68 times)

jerry coleman

  • Hero Member
  • *****
  • Posts: 570

Question 1

When a public school system requires advanced education for a teacher to continue employment, the teacher's expenses are a deductible education expense.
◦ true
◦ false

Question 2

Dighi, an artist, uses a room in his home (250 square feet) as a studio exclusively to paint.  The studio meets the requirements for a home office deduction. (Painting is considered his trade or business.) The following information appears in Dighi's records:



(a) What is the amount of Dighi's home office deduction if he is self-employed?  
(b) If some amount is not allowed under the tax law, how is the disallowed amount treated? 
(c) Assume all of Dighi's records of expenses relating to the room were destroyed in a major paint spill.  How much of a home office deduction, if any, will he be allowed?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jerry coleman on Sep 13, 2020

macagnavarro

  • Sr. Member
  • ****
  • Posts: 334
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 45% of students answer this correctly




jerry coleman

  • Member
  • Posts: 570
Reply 2 on: Sep 13, 2020
Gracias!


Jsherida

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

For a complete list of videos, visit our video library