Question
Ed is a self-employed heart surgeon who lives in Michigan and has incurred the following reasonable expenses. How much can Ed deduct? $1,840 in airfare
Ed is a self-employed heart surgeon who lives in Michigan and has incurred the following reasonable expenses. How much can Ed deduct? $1,840 in airfare to repair investment rental property in Colorado. $550 in meals while attending a medical convention in New York. $325 for tuition for an investment seminar, "How to pick stocks." $160 for tickets to a football game with hospital administrators to celebrate successful negotiation of a surgical contract earlier in the day. The correct answer is _____.
Answer Choices are:
a-None of the choices are correct.
b-$140 "for AGI" and $2,165 "from AGI"
c-$535 "for AGI"
d-$2,165 "for AGI" and $355 "from AGI"
e-$2,115 "for AGI"
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