Taxpayers Using the Simplified Method for Computing Home Office Expenses

question 63

True/False

Taxpayers using the simplified method for computing home office expenses do not deduct depreciation expense for the home office use.

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Definitions:

Crine

Pertaining to secretion, used in terms to describe glands or substances involved in the release of chemical substances in the body.

Gen

A prefix meaning "to become," often used in the formation of words related to genes, genetics, or generating something.

Ectasis

A medical term that describes the widening or enlargement of a hollow organ or structure.

Circum-

A prefix in English denoting around, about, or surrounding something.