J was employed as a salesperson and received a salary of $60,000 and commissions of $6,000 in
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J was employed as a salesperson and received a salary of $60,000 and commissions of $6,000 in the current year.
He incurred the following expenses to earn his income:
Car expense $2,400; Out-of-town travel expenses (excluding car & meals) $5,000;
Client meals 1,000;
Advertising 1,400.
What is the maximum amount that J can deduct in a arriving at employment income for tax purposes?
Related Book For
Elementary Statistics
ISBN: 978-0538733502
11th edition
Authors: Robert R. Johnson, Patricia J. Kuby
Posted Date: