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Irene also pays $1,500 of investment counseling fees and $250 of tax return preparation fees in the current year. Irene is self-employed and incurs $3,670
Irene also pays $1,500 of investment counseling fees and $250 of tax return preparation fees in the current year. Irene is self-employed and incurs $3,670 of business-related travel and entertainment expenses during 2019 in which she was away from home overnight. These business expenses include the following: (Click the icon to view the expenses.) Read the requirements. Requirement a. What is the total amount of Irene's deductible expenses for 2019? (Complete all input fields. Enter a "0" for any zero amounts) Deductible expenses for 2019 Airfare Taxi fare Meals while traveling Laundry Lodging Business meals with customers Entertainment Investment fees Tax return fees Total Requirement b. Are the deductible expenses classified as for AGI or from AGI? The deductible expenses for 2019 are Airfare $ 1,600 130 Taxi fare Meals eaten alone while away from home on business 100 40 900 Laundry Lodging Business meals with customers at which business is discussed 700 200 Entertainment of customers $ 3,670 Total
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