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Antonio Capellini is a successful self-employed accountant

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Antonio Capellini is a successful self-employed accountant. He meets all of his clients in his office in the basement of his home.  The office is 800 square feet and the house is 3,000 square feet. Antonio incurred the following costs during the current year:

Business liability insurance                                            $  400

House insurance                                                                   880

House utilities                                                                    2,600

House repairs and maintenance                                      3,000

Mortgage interest                                                              5,700

Property tax                                                                        1,600

Office supplies                                                                      760

What is the amount of the expenses deductible from Antonio’s business income?







		
$1,160





		
$3,675


		
$2,888

		
$4,835