See Special Enrollment Exam Quiz
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SEE PART 2: BUSINESSES
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A self-employed therapist uses a 200-square-foot room in her 2,000-square-foot home exclusively and regularly as the principal place of her practice. She uses the actual expense method. Her net profit from the practice before deducting home-office expenses was $42,000 in 2025, and she had no other business expenses. During 2025 she paid: mortgage interest, $14,400; real estate taxes, $6,000; homeowners insurance, $3,600; utilities, $2,400; repairs to common areas, $1,800; housekeeping for the entire home, $900; and $800 to paint the home-office room only. Her allowable depreciation for the office portion of the home is $3,000.
What amount may she deduct on Schedule C for the home office for 2025?
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