Ed is a self-employed heart surgeon wholives in Michigan and has incurred the following reasonable expenses. How much can Ed deduct? $1,340 in airfare to repair investment rental property in Colorado.
$650 in meals while attending a medical convention in New York.
$375 for tuition for an investment seminar, "How to pick stocks."
$142 for tickets to a football game with hospital administrators to celebrate successful negotiation of a surgical contract earlier in the day.
The correct answer is _____.
A) $1,665 "for AGI"
B) $1,715 "for AGI" and $396 "from AGI"
C) $576 "for AGI"
D) $122 "for AGI" and $1,715 "from AGI"
E) None of the choices are correct.
Correct Answer:
Verified
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