Cindy, who is self-employed, maintains an office in her home that comprises 24% (290 square feet) of total floor space. Gross income for her business is $53,150, and her residence expenses are as follows:Real property taxes 2,400Interest on mortgage 4,000Operating expenses 2,200Depreciations (based on 85 business use) 450What is Cindy office in the home deduction base on : The regular method? The simplified method?
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