Charlene, a self-employed consultant, incurred business-related expenses in 2018 as follows: Entertainment Transportation Education $1,000 800 450 How much of these expenses should she deduct on her 2018 Schedule C? a. $800 Ob. $2,250 OC. $1,750 Od. $1,250 e. None of these amounts listed are correct.

SWFT Comprehensive Vol 2020
43rd Edition
ISBN:9780357391723
Author:Maloney
Publisher:Maloney
Chapter10: Deduct Ions And Losses: Certain Itemized Deduct Ions
Section: Chapter Questions
Problem 25P
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Charlene, a self-employed consultant, incurred business-related expenses in 2018 as follows:
Entertainment
Transportation
Education
$1,000
800
450
How much of these expenses should she deduct on her 2018 Schedule C?
a. $800
b. $2,250
Oc. $1,750
Od. $1,250
e. None of these amounts listed are correct.
Transcribed Image Text:Charlene, a self-employed consultant, incurred business-related expenses in 2018 as follows: Entertainment Transportation Education $1,000 800 450 How much of these expenses should she deduct on her 2018 Schedule C? a. $800 b. $2,250 Oc. $1,750 Od. $1,250 e. None of these amounts listed are correct.
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