Elisa spends $1,000 to entertain her customers at the local country club. The club charges an annual

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Elisa spends $1,000 to entertain her customers at the local country club. The club charges an annual membership fee of $800. Elisa uses the facility 80 percent of the time for business. Her employer does not reimburse her for any of these expenses.
a. What are her deductible expenses if incurred in 2017?
b. What are her deductible expenses if incurred in 2018?

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Related Book For  answer-question

Taxation For Decision Makers 2019

ISBN: 9781119497288

9th Edition

Authors: Shirley Dennis Escoffier, Karen A. Fortin

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