Indicate which of the following dues, subscriptions, and publications are deductible (D) and which are not deductible

Question:

Indicate which of the following dues, subscriptions, and publications are deductible

(D) and which are not deductible (ND) by circling the correct answer.

1. Dues to the American Medical Association paid by a physician. D ND 2. A subscription to a tax journal paid for by an accounting professor.

D ND 3. Dues to a health spa paid by a lawyer. D ND 4. Subscription to an education journal paid for by a high school teacher.

D ND 5. Subscription to Motor Trend magazine paid for by a registered nurse.

D ND

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Income Tax Fundamentals 2011

ISBN: 9780538469197

29th Edition

Authors: Gerald E. Whittenburg, Martha Altus-Buller

Question Posted: