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Irs  Form

Irs Form

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You figure the deduction for the home for that taxable year is deemed to be zero. Although you cannot deduct any depreciation or section 179 expense for the portion of your home that is a qualified business use because you elect to use the simpli fied method you may still claim depreci ation or the section 179 expense deduc tion on other assets for example furni ture and equipment used in the quali fied business use of your home. If you are the sole member of a domestic LLC file Schedule C or...
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