Linda is a CPA who decides that she wants to be an artist. During 2010, she sells
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Linda is a CPA who decides that she wants to be an artist. During 2010, she sells $250 worth of paintings and incurs the following expenses:
Painting supplies $ 300 Transportation to locations for painting 2,500 If this activity is deemed to be a hobby, what amount of the expenses may Linda deduct on her 2010 tax return?
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Related Book For 
Income Tax Fundamentals 2011
ISBN: 9780538469197
29th Edition
Authors: Gerald E. Whittenburg, Martha Altus-Buller
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