jan Johnson and his brother randy spent 5 days painting his

jan Johnson and his brother randy spent 5 days painting his rental house. they spend 200.00 for the paint. Jan did not actually pay his brother but figure it is worth 100.00 per day. what is pete deduction for the paint job 0 300 1300 2300

Solution

Solution: 1300

Explanation: Whether it is interior or exterior, all painting costs are deductible: paint and labor both are deductible. Thus 200 + 5 days * 2 person * $100, selecting the nearest option