I'm working on a complex tax return. The wife works as a concierge at a fancy hotel. The husband is a self-employed photographer. They own a duplex and have rental income from two flats. The photography studio is in the basement with its own door (It was a hair dressing salon before they bought the place.) They also have a cottage that they rent out and use for themselves. Oh yeah, the car expenses are fun on this, so is allocating a percentage of a percentage of property expenses to the home office.
I am so glad I have professional tax software and don't have to do those calcs by hand any more.
I am so glad I have professional tax software and don't have to do those calcs by hand any more.