Andrew, who operates a laundry business, incurred the following expenses during the year. ∙ Parking ticket of $250 for one of his delivery vans that parked illegally.
∙ Parking ticket of $75 when he parked illegally while attending a rock concert in Tulsa.
∙ DUI ticket of $500 while returning from the rock concert.
∙ Attorney's fee of $600 associated with the DUI ticket.
What amount can Andrew deduct for these expenses?
A)$0.
B)$250.
C)$600.
D)$1,425.

Question

Quizplus · Accepted Answer

The only deductible expense is the $250 parking ticket for the delivery van. The other expenses are personal in nature and not related to Andrew's business.

Andrew, Who Operates a Laundry Business, Incurred the Following Expenses