Question: Gary is a self-employed accountant who pay $2,000 for business meals. How much of a deduction can he claim for the meals and where should
Gary is a self-employed accountant who pay $2,000 for business meals. How much of a deduction can he claim for the meals and where should the deduction be claimed?
a. 50 percent, miscellaneous itemized deduction
b. 50 percent, Schedule C deduction
c. 100 percent, miscellaneous itemized deduction
d. 100 percent, Schedule C deduction
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Answer 50 Schedule C deduction Explanation Qualified business expenses has ... View full answer
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