Sophia and jacob are married and file a joint return the

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1. Sophia and Jacob are married and file a joint return. The return for 2012 included a Form 2106 for each of them. The return for 2013, however, included a Form 2106 and a Schedule C. In terms of employment status, what could have happened.

2. Ava recently graduted from college and is interviewing for a position in marketing. Gull Corporation has offered her a job as a sales representative that will require extensive travel and entertainment but provide valuable experience. Under the offer, she has two options: a salary of $53,000 and she absorbs all expenses; a salary of $39,000 and Gull reimburses for all expenses. Gull assures Ava that the $14,000 difference in the two options will be adequate to cover the expenses incurred. What issues should have an impact on Ava's choice?

3.Melanie is employed full-time as an accountangt for a national hardware chain. She also has a private consulting practice, which provides tax advice and financial planning to the general ublic. For this purpose, she maintains an office in her home. Expenss relating to her home are as follows.

  • Real property taxes $3,600
  • Interest on home mortgage 3,800
  • Operating expenses of home 900
  • Depreciating allocated to 20% business use 1,500
  • melanie's income from consulting is $17,000 and the related expenses are $5,000

a) What is Melanie's office in the home deduction?

b) Suppose Melanie also spent $4,000 to repaint and replace he carpet in the office.How do these additional costs change the ansewr to part (a)?
c. suppose Melanie's income from consulting is only $8,000 (not $17,000). How does this change the answer to part (a)?

Reference no: EM13588552

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