Question: Exercise 9 - 2 0 ( LO . 5 ) In 2 0 2 4 , Robert takes four key clients and their spouses out

Exercise

9 - 20 (

. 5)

2024,

Robert takes four key clients and their spouses out to dinner at a local restaurant, Business discussions occurred over dinner; drinks, dinner, and tips amounted to $

840 .

If Robert is self

-

employed, how much can he deduct for this event?

Feodback

Theck My Work

Many taxpayers attempt to deduct personal entertainment expenses as business expenses. For this reason, the tax law restricts the deductibility of entertainment expenses.

Exercise 9 - 2 0 ( LO . 5 ) In 2 0 2 4 , Robert

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