John secured employment as a commissioned salesman in 2020. Details of John's compensation are as follows:...
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John secured employment as a commissioned salesman in 2020. Details of John's compensation are as follows: Salary. Commission. . $7,000 $55,000 John worked away from the office negotiating sales contracts, and he is required to pay his own vehicle and promotional expenses. His employer has signed a Form T2200 certifying that no reimbursements are paid for any expenses John incurs to earn commissions. John incurred the following costs in 2020: Meals and entertainment for potential customers.. $10,000 Fuel $6,000 Insurance... $500 Repairs.. .$3,000 Leasing costs.. $3,500 Driving information regarding costs and KM Employment KM. .7,000 Total KM. .10,000 What is the maximum deduction John may claim for employment expenses in 2020? A. $7,000 B $19,100 $9,100 D $14,100 John secured employment as a commissioned salesman in 2020. Details of John's compensation are as follows: Salary. Commission. . $7,000 $55,000 John worked away from the office negotiating sales contracts, and he is required to pay his own vehicle and promotional expenses. His employer has signed a Form T2200 certifying that no reimbursements are paid for any expenses John incurs to earn commissions. John incurred the following costs in 2020: Meals and entertainment for potential customers.. $10,000 Fuel $6,000 Insurance... $500 Repairs.. .$3,000 Leasing costs.. $3,500 Driving information regarding costs and KM Employment KM. .7,000 Total KM. .10,000 What is the maximum deduction John may claim for employment expenses in 2020? A. $7,000 B $19,100 $9,100 D $14,100 John secured employment as a commissioned salesman in 2020. Details of John's compensation are as follows: Salary. Commission. . $7,000 $55,000 John worked away from the office negotiating sales contracts, and he is required to pay his own vehicle and promotional expenses. His employer has signed a Form T2200 certifying that no reimbursements are paid for any expenses John incurs to earn commissions. John incurred the following costs in 2020: Meals and entertainment for potential customers.. $10,000 Fuel $6,000 Insurance... $500 Repairs.. .$3,000 Leasing costs.. $3,500 Driving information regarding costs and KM Employment KM. .7,000 Total KM. .10,000 What is the maximum deduction John may claim for employment expenses in 2020? A. $7,000 B $19,100 $9,100 D $14,100 John secured employment as a commissioned salesman in 2020. Details of John's compensation are as follows: Salary. Commission. . $7,000 $55,000 John worked away from the office negotiating sales contracts, and he is required to pay his own vehicle and promotional expenses. His employer has signed a Form T2200 certifying that no reimbursements are paid for any expenses John incurs to earn commissions. John incurred the following costs in 2020: Meals and entertainment for potential customers.. $10,000 Fuel $6,000 Insurance... $500 Repairs.. .$3,000 Leasing costs.. $3,500 Driving information regarding costs and KM Employment KM. .7,000 Total KM. .10,000 What is the maximum deduction John may claim for employment expenses in 2020? A. $7,000 B $19,100 $9,100 D $14,100
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