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The Number of Deductions That Can Be Made in Computing

Question 16

Essay

The number of deductions that can be made in computing employment income is fairly limited. Further, certain types of expenses must meet specified conditions in order to be eligible for deduction. Indicate the conditions that must be met in order for a salesperson to deduct expenses in computing employment income. In addition, Indicate the conditions that must be met in order for travel costs to be deducted in computing employment income.

Correct Answer:

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ITA 8(1)(f)indicates that four condition...

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