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    Business
  3. Study Set
    Federal Taxation
  4. Exam
    Exam 23: Business Expenses and Deferred Compensation
  5. Question
    In-Home Office Expenses Are Deductible If the Office Is Used
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In-Home Office Expenses Are Deductible If the Office Is Used

Question 1

Question 1

True/False

In-home office expenses are deductible if the office is used exclusively on a regular basis as the principal place of business for any trade or business of the taxpayer.

Correct Answer:

verifed

Verified

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