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Debra is self-employed with her own consulting business and earned $156,000 in gross income. Debra is married to her husband Jim who had no income
Debra is self-employed with her own consulting business and earned $156,000 in gross income. Debra is married to her husband Jim who had no income in 2022. They file MFJ. The following occurred in tax year 2022:
Actual automobile expenses $1,900 Moving expenses 3,500 Entertainment expenses 1,000 Travel expenses (including $700 of business meals) 3,500 Professional dues and subscriptions 650 Total $10,550
Question: What is Debra's total deduction for business-related expenses in 2022?
a.) $6,050
b.) $10,500
c.) $7,050
d.) $8,050
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