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and a client Herbie took the client to dinner 22. After a business meeting with a prospective game. Her were reasonable under the circumstances. deduct

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and a client Herbie took the client to dinner 22. After a business meeting with a prospective game. Her were reasonable under the circumstances. deduct as a business expense? bi e paid $240 for the meal and $250 for the tickets to the eame, amounts that What amount of these expenditures can Herbie a. $490 b. $540 c. $245 d. $270 e. None-the meals and entertainment are not deductible except during travel 23. Remie (age 17) is claimed as a dependent by her parents, Rhett and received $2,000 of interest income from a corporate Rachel. In 2017, Remie What is her taxable bond that she owns. income for 2017? a. $950 b. $150 c. $650 d. $300 e. $1,200 24. LuAnna is employed in Oklahoma and recently attended a three-day business conference in n Francisco. Luanna spent the entire time at the conference and documented her expenditures (described below). What amount is LuAnna's total employee business travel expense? (ignore any miscellaneous itemized deduction calculations) Airfare to San Francisco Meals Lodging in San Francisco $2,500 240 500 180 Rental Car a. $1,850 if LuAnna's AGl is $50,000 b. $2,740 - c.$3,300 d. All of these are deductible if LuAnna is reimbursed under an accountable plan e. None of the expenses are deductible - only employers can deduct travel expenses

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