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Question 6 12 points and Chere was the des AMD C12 th the Rental income $1,050 Property taxes (2001 Mortgage interest 1900) Repairs and maintenance

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Question 6 12 points and Chere was the des AMD C12 th the Rental income $1,050 Property taxes (2001 Mortgage interest 1900) Repairs and maintenance 1450) (250) Depreciation (200) Rental loss (9300) How dames and Charlotte report to deporte a) Report the interest (1900) and takes (200) as itemized deductions and the other expenses for AGI b) include the $1.050 in gross income, but no deductions are allowed c) Report the $300 loss for AGI d) No reporting for the rental activity should be reported. e) Only expenses up to the amount of $1,850 rental income may be deducted in the current year Question 7 (2 points) Lisa is a self-employed wedding photographer who needs to travel a lot for her clients. In 2019, she incurred meal expenses of $6,000 and entertainment expenses of $2,000 during her business trips. She also spent $1,000 to purchase special frames to gift to the bride and groom of the ten largest weddings she photographed. How much of her expenses are deductible for her 2019 tax return? a) 0 Ob) $3,250 c) $5,250 Question 6 12 points and Chere was the des AMD C12 th the Rental income $1,050 Property taxes (2001 Mortgage interest 1900) Repairs and maintenance 1450) (250) Depreciation (200) Rental loss (9300) How dames and Charlotte report to deporte a) Report the interest (1900) and takes (200) as itemized deductions and the other expenses for AGI b) include the $1.050 in gross income, but no deductions are allowed c) Report the $300 loss for AGI d) No reporting for the rental activity should be reported. e) Only expenses up to the amount of $1,850 rental income may be deducted in the current year Question 7 (2 points) Lisa is a self-employed wedding photographer who needs to travel a lot for her clients. In 2019, she incurred meal expenses of $6,000 and entertainment expenses of $2,000 during her business trips. She also spent $1,000 to purchase special frames to gift to the bride and groom of the ten largest weddings she photographed. How much of her expenses are deductible for her 2019 tax return? a) 0 Ob) $3,250 c) $5,250

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