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blake closed his business on aprol 1,2018 .he jad no carrypver losses small and all assets were fully depreciated .If blake elects to ise actial office on home (OIH) expemses,Wjt is the amount of his deduction?

www.rocede Grossrece Advertising Come ce ' - Seceda Tax pr e ye y fow13 d to 2201 2018. The covers and closed to b e on were derec Question 12 75 air and whe t her to stopt out of coco DO 2019 DON Blake closed his business on April 1, 2018. If the office in home (OH) simplified method is elected, what is the amount of Blake's OlH deduction? O 51,750 51,500 O 5440 O 5375 Mark for follow up Question 71 of 75. Blake operated as a sole proprietor, reported on Schedule C (Form 1040). He used 350 square feet of his 2,100 square foot rented loft exclusively and regular and had the following income and expenses for his financial planning business: Gross receipts: $36,960 Expenses Advertising: $80 Business Insurance: $685 Business license: $100 Comprehensive health insurance entire year: $7.78 Office supplies: $76 Postage: 38 Rent entire year: $14.400 Renter's insurance entire year): $1,055 Second phone line, exclusively for business: $103 Tax preparation (allocated to business: $350 Utilities (entire year): $2,281. Blake closed his business on April 1, 2013. He had no carryover losses and all assets were fully depreciated. If Blake elects to use actual office-in-home (OH) e O $648 O 5739 O $2.576 O $2,957 Mark for follow up Question 72 of 75. Mona owns a rental house that she has rented to various tenants since September of 2001. She converted the house from personal to rental property. Alth $154,000, including and value of $11,600. The fair market value of the house was $146,000, including land value of $11. for $8.399. Her rental income was $12,240. Her expenses for the year include: Gross receipts: $36,960 Expenses: Advertising: $80 Business insurance: $685 Business license: $100 Comprehensive health insurance (entire year): $7,788 Office supplies: $76 Postage: $38 Rent (entire year): $14,400 Renter's insurance (entire year): $1,055 Second phone line, exclusively for business: $103 Tax preparation (allocated to business): $350 Utilities (entire year): $2,281. Blake closed his business on April 1, 2p18. He had no carryover losses and all assets were fully O $648 O 5739 $2,576 O $2.957 Mark for follow up Question 72 of 75. Mona owns a rental house that she has rented to yarin $154,000, includinn landu www.rocede Grossrece Advertising Come ce ' - Seceda Tax pr e ye y fow13 d to 2201 2018. The covers and closed to b e on were derec Question 12 75 air and whe t her to stopt out of coco DO 2019 DON Blake closed his business on April 1, 2018. If the office in home (OH) simplified method is elected, what is the amount of Blake's OlH deduction? O 51,750 51,500 O 5440 O 5375 Mark for follow up Question 71 of 75. Blake operated as a sole proprietor, reported on Schedule C (Form 1040). He used 350 square feet of his 2,100 square foot rented loft exclusively and regular and had the following income and expenses for his financial planning business: Gross receipts: $36,960 Expenses Advertising: $80 Business Insurance: $685 Business license: $100 Comprehensive health insurance entire year: $7.78 Office supplies: $76 Postage: 38 Rent entire year: $14.400 Renter's insurance entire year): $1,055 Second phone line, exclusively for business: $103 Tax preparation (allocated to business: $350 Utilities (entire year): $2,281. Blake closed his business on April 1, 2013. He had no carryover losses and all assets were fully depreciated. If Blake elects to use actual office-in-home (OH) e O $648 O 5739 O $2.576 O $2,957 Mark for follow up Question 72 of 75. Mona owns a rental house that she has rented to various tenants since September of 2001. She converted the house from personal to rental property. Alth $154,000, including and value of $11,600. The fair market value of the house was $146,000, including land value of $11. for $8.399. Her rental income was $12,240. Her expenses for the year include: Gross receipts: $36,960 Expenses: Advertising: $80 Business insurance: $685 Business license: $100 Comprehensive health insurance (entire year): $7,788 Office supplies: $76 Postage: $38 Rent (entire year): $14,400 Renter's insurance (entire year): $1,055 Second phone line, exclusively for business: $103 Tax preparation (allocated to business): $350 Utilities (entire year): $2,281. Blake closed his business on April 1, 2p18. He had no carryover losses and all assets were fully O $648 O 5739 $2,576 O $2.957 Mark for follow up Question 72 of 75. Mona owns a rental house that she has rented to yarin $154,000, includinn landu

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