Which of the Following Statements Regarding the Home Office Deduction

question 50

Multiple Choice

Which of the following statements regarding the home office deduction is true?

• A) In order to qualify for the deduction, a portion of the taxpayer's home must be used regularly and exclusively to meet with clients or customers.
• B) A home office deduction is not allowed for using the home office for administrative or management activities only.
• C) The home office deduction is limited to the taxable income of the business before the deduction.
• D) A depreciation deduction is not allowed for a home office.