Business Assignment- Accounting homework
David is a college professor who does some consulting work on the side. He uses 25% of his home exclusively for the consulting practice. He is single and 63 years old. His AGI (without consideration of consulting income) is $45,000. Other information follows:Income from consulting business $4,000Consulting expenses other than home office 1,500Total costs relating to home: Interest and taxes 6,500Utilitie
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26 Oct 2017