During 2021, Jos, a self employed technology consultant, made gifts in the following amounts In addition, on professional assistants day, Jos takes Haley to lunch at a local restaurant at a cost of $82 Presuming that Jos has adequate substantiation, how much can he deduct To Haley (Jos's personal a...

The total amount that Jos can deduct is 191 This includes the 36 gift to ...

During 2021, Jos, a self-employed technology consultant, made gifts in the following amounts. In addition, on professional

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During 2021, José, a self-employed technology consultant, made gifts in the following amounts.

In addition, on professional assistants’ day, José takes Haley to lunch at a local restaurant at a cost of $82. Presuming that José has adequate substantiation, how much can he deduct?

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South-Western Federal Taxation 2022 Essentials Of Taxation Individuals And Business Entities

ISBN: 9780357519431

25th Edition

Authors: Annette Nellen, Andrew D. Cuccia, Mark Persellin, James C. Young, David M. Maloney

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Question Posted: Feb 24, 2022 07:14 AM

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During 2021, Jos, a self-employed technology consultant, made gifts in the following amounts. In addition, on professional

Question:

To Haley (José's personal assistant) at Christmas To Darryl (a key client)-$3 was for gift wrapping To Darryl's wife (not a client of the bank) on her birthday To Veronica (José's office manager) at Christmas $36 53 20 30

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The total amount that Jos can deduct is 191 This includes the 36 gift to ...View the full answer

South-Western Federal Taxation 2022 Essentials Of Taxation Individuals And Business Entities

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