Eloise is a sales representative for a video production company.While at an exposition,she incurs $2,000 in entertainment expenses and $1,200 for meals.The expenses occur while she is discussing business and Eloise makes an adequate accounting to her employer and is reimbursed $1,200.How much may Eloise deduct if her AGI is $40,000?
A) $- 0 -
B) $1,200 for AGI and $200 from AGI.
C) $1,200 for AGI and $2,000 from AGI.
D) $- 0 - for AGI and $200 from AGI.
E) $- 0 - for AGI and $1,000 from AGI.
Correct Answer:
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