Andy is a self employed accountant who maintains aproperlu allowable office in home. During the year And had the folling income and cas expenses:
Income from consulting fees..............................................$42,000
Expenses:
Qulaified client entertaiment ..............................................4,000
office supplies and expenses...............................................18,200
Home office expenses(the ones reported on form 8829,already prorated for business use)
Line 13............................................................... 9,800
LIne 23............................................................... 13,500
Line 24............................................................... 4,500
What amount should you put on form 8829, line 42?