Calculate the office in the home income tax deduction: Bedroom #1 (10x12) Bedroom #2 (13x...
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Calculate the office in the home income tax deduction: Bedroom #1 (10x12) Bedroom #2 (13x 15) Bedroom #3 (16x 14), Livingroom (15X14) Kitchen 9x14 Bathroom #1 (8x14) Bathroom #2 (6x8) NOTE: Bedroom #1 is the office and Eligible home expenses are $1900.00 a month.
Question #4: Calculate the amount of income taxes one would pay using the rough estimate approach as discussed in class. The salaries to be used are as follows: $10,000, $20,000, $60,000, $140,000, $330,000.00
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