Which of the Following Statements Regarding Limitations on the Deductibility

Multiple Choice

Which of the following statements regarding limitations on the deductibility of home office expenses of self-employed taxpayers is correct?

A) Deductible home office expenses are itemized deductions.
B) Deductible home office expenses are itemized deductions subject to a 2 percent floor.
C) Deductible home office expenses are for AGI deductions limited to gross income from the business minus non-home office-related expenses.
D) Deductible home office expenses are for AGI deductions and may be deducted without limitation.