Hi There! I know how I would report and what percentage of the expenses I would claim but a friend's son is taking his accounting exams tomorrow (its been a long time since I was in school) so I just want to be sure that I provide him with a "text book" response. His tutor just quit on him....
"House has three levels. Entire basement is used for business. Uses it nights and weekends only. What is the percentage of house hold expenses that she can claim.?"
Your help would be greatly appreciated!
Thanks
Kelly
