Discuss whether any of the following individuals are entitled to an office-in-home deduction: a Maggie is a self-employed management consultant who maintains an office in her home exclusively used for client meetings and other business-related activities. Maggie has no other place of business and her office is the most significant place for her business. She has substantial income from the consulting practice. b C Marty is a college professor who writes research papers for academic journals in his office at home which is used exclusively for this purpose. Although Marty has an office at his place of employment, he finds it very convenient to maintain an office at home to avoid distractions from students and colleagues. Marty receives no income from the publication of the research articles for the year in question. Bobby operates his own sole proprietorship as an electrician. He maintains an office at home where he keeps his books, takes phone calls from customers, and does the payroll for his five employees. All of his electrical work is done at the location of his customers. a. Maggie is a self-employed management consultant who maintains an office in her home exclusively used for client meetings and other business-related activities. Maggie has no other place of business and her office is the most significant place for her business. She has substantial income from the consulting practice. (Select all that apply.) A. No, Maggie must prove that her home office is the only place where she conducts business. B. Yes, Maggie is entitled to an office-in-home deduction because the office is used as a place for meeting or dealing with patients, clients, or customers in the normal course of business. C. Yes, Maggie is entitled to an office-in-home deduction because the office is used exclusively on a regular basis as the principal place of business for a trade or business. She is self-employed. D. Yes, Maggie's office is the most significant place for the conduct of her business activities.

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Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
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Discuss whether any of the following individuals are entitled to an office-in-home deduction:
a.
Maggie is a self-employed management consultant who maintains an office in her home exclusively used for client meetings and other business-related activities. Maggie has no other place of business and her office is the most significant place for her
business. She has substantial income from the consulting practice.
b.
C.
Marty is a college professor who writes research papers for academic journals in his office at home which is used exclusively for
this purpose. Although Marty has an office at his place of employment, he finds it very convenient to maintain an office at home to avoid distractions from students and colleagues. Marty receives no income from the publication of the research articles for the
year in question.
Bobby operates his own sole proprietorship as an electrician. He maintains an office at home where he keeps his books, takes phone calls from customers, and does the payroll for his five employees. All of his electrical work is done at the location of his
customers.
C
a. Maggie is a self-employed management consultant who maintains an office in her home exclusively used for client meetings and other business-related activities. Maggie has no other place of business and her office is the most significant place for her business. She
has substantial income from the consulting practice. (Select all that apply.)
A. No, Maggie must prove that her home office is the only place where she conducts business.
B. Yes, Maggie is entitled to an office-in-home deduction because the office is used as a place for meeting or dealing with patients, clients, or customers in the normal course of business.
C. Yes, Maggie is entitled to an office-in-home deduction because the office is used exclusively on a regular basis as the principal place of business for a trade or business. She is self-employed.
D. Yes, Maggie's office is the most significant place for the conduct of her business activities.
Transcribed Image Text:Discuss whether any of the following individuals are entitled to an office-in-home deduction: a. Maggie is a self-employed management consultant who maintains an office in her home exclusively used for client meetings and other business-related activities. Maggie has no other place of business and her office is the most significant place for her business. She has substantial income from the consulting practice. b. C. Marty is a college professor who writes research papers for academic journals in his office at home which is used exclusively for this purpose. Although Marty has an office at his place of employment, he finds it very convenient to maintain an office at home to avoid distractions from students and colleagues. Marty receives no income from the publication of the research articles for the year in question. Bobby operates his own sole proprietorship as an electrician. He maintains an office at home where he keeps his books, takes phone calls from customers, and does the payroll for his five employees. All of his electrical work is done at the location of his customers. C a. Maggie is a self-employed management consultant who maintains an office in her home exclusively used for client meetings and other business-related activities. Maggie has no other place of business and her office is the most significant place for her business. She has substantial income from the consulting practice. (Select all that apply.) A. No, Maggie must prove that her home office is the only place where she conducts business. B. Yes, Maggie is entitled to an office-in-home deduction because the office is used as a place for meeting or dealing with patients, clients, or customers in the normal course of business. C. Yes, Maggie is entitled to an office-in-home deduction because the office is used exclusively on a regular basis as the principal place of business for a trade or business. She is self-employed. D. Yes, Maggie's office is the most significant place for the conduct of her business activities.
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