25. Are any of the following expenditures deductible on an individual taxpayers income tax return? Explain each item.

Expenditure Amount

Cost of having income tax return prepared by a CPA $100

Legal fee for divorce proceeding of which 20 percent related to tax planning advice 3,000

Lost wages for time missed from work while having income tax return prepared 250

Legal fee for estate planning advice of which 35 percent related to tax planning advice 900

Cost of having federal gift tax return prepared by a CPA 100

Total expenditures $4,350