Brian makes gifts as follows:
Recipient
Cost of Gift
Mr.Brown (a client)
$27
*
Mrs.Brown (Mr.Brown's wife)
15
Ms.Smith (Brian's receptionist)
30
Mr.Jones (Brian's boss)
40

* Includes $2 for gift wrapping

Presuming adequate substantiation and no reimbursement,how much may Brian deduct?

Question

Brian makes gifts as follows:
Recipient
Cost of Gift
Mr.Brown (a client)
$27
*
Mrs.Brown (Mr.Brown's wife)
15
Ms.Smith (Brian's receptionist)
30
Mr.Jones (Brian's boss)
40
​
* Includes $2 for gift wrapping
​
Presuming adequate substantiation and no reimbursement,how much may Brian deduct?

Quizplus · Accepted Answer

The Answer of Brian makes gifts as follows:
Recipient
Cost of Gift
Mr.Brown (a client)
$27
*
Mrs.Brown (Mr.Brown's wife)
15
Ms.Smith (Brian's receptionist)
30
Mr.Jones (Brian's boss)
40
​
* Includes $2 for gift wrapping
​
Presuming adequate substantiation and no reimbursement,how much may Brian deduct?

Brian Makes Gifts as Follows