Economics Question

economics project and need a sample draft to help me learn.

Sarah, a self-employed graphic designer, has an annual income of $60,000. She operates her business from her home office and incurs various expenses related to her work, including office supplies, internet costs, and a portion of her rent for the home office space. How can Sarah determine the amount of her home office expenses that she can deduct for tax purposes, and what tax form or schedule should she use to report these deductions?

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *