Mark, a self-employed consultant, incurs the following business-related expenses in 2019:

Mark earned $110,000 of gross income from his consulting business and had $13,000 of interest and dividend income in 2019 before any of the above expenses are deducted. He has

$22,000 of itemized deductions. Mark is married and files a joint return with his wife, Amanda, who has no income.

Read the requirements

.Requirement a. What is the amount of Mark's deduction for business-related expenses for 2019?

Begin by selecting whether each of the following amounts are deductible for

2019, whether they are deductible for AGI or from AGI, and whether or not they are subject to any limitations.

Actual automobile expenses	Deductible for AGI
Moving expenses deductible under Sec. 217	Not deductible
Entertainment expenses	Not deductible
Travel expenses (excluding meals)	Deductible for AGI
Business meals	Deductible for AGI subject to a 50% disallowance
Professional dues and subscriptions	Deductible for AGI

Mark's total deduction for business-related expenses in 2019 is

.

Enter any number in the edit fields and then click Check Answer.

Check Answer

Data Table

Actual automobile expenses	$2,900
Moving expenses	4,200
Entertainment expenses	1,600
Travel expenses (including $250 of business meals)	2,850
Professional dues and subscriptions	250
Total	$11,800

Filing Status
Married individuals filing joint returns and surviving spouses	$24,400
Heads of households	$18,350
Unmarried individuals (other than surviving spouses and heads of households)	$12,200
Married individuals filing separate returns	$12,200
Additional standard deduction for the aged and the blind; Individual who is married and surviving spouses	$1,300*
Additional standard deduction for the aged and the blind; Individual who is unmarried and not a surviving spouse	$1,650*
Taxpayer claimed as dependent on another taxpayers return: Greater of (1) earned income plus $350 or (2) $1,100.
* These amounts are $2,600 and $3,300, respectively, for a taxpayer who is both aged and blind.