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Question 65 of 85 . Fran is self-employed as an architect. She had significant travel expenses within the United States this year to acquire new

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Question 65 of 85 . Fran is self-employed as an architect. She had significant travel expenses within the United States this year to acquire new clients. Which of the following is NOT a deductible travel expense for Fran? Airfare for spouse and child. Neither are employees and neither have a bona fide business purpose for traveling with Fran. Hotel stays during a business trip to meet new clients. Taxi fares paid on the trip to meet new clients. Tips paid to hotel bellhops while on the business trip to meet new clients. Mark for follow up Question 66 of 85 . Celeste owns a nail salon as a sole proprietorship. She will be making estimated payments to cover her tax liability. What are the standard due dates to make federal estimated tax payments? April 1st, June 1st, August 1st, and January 1st of the next year. April 15th, June 15th, September 15th, and December 31st. April 15th, June 15th, September 15th, and January 15th of the next year. March 15th, June 15th, September 15th, and January 15 th of the next year. Mark for follow up Question 67 of 85 . Samuel, an independent contractor, worked as a handyman during 2022. He earned $16,500 from his services, but he did not receive a Form 1099-NEC, Nonemployee Compensation. How does he report this income? As gross receipts on Schedule C (Form 1040). He does not have to report this income because a tax form was not issued to him. On Form 1040, line 1h, as other earned income. On Schedule 1 (Form 1040), Part I, line 8j, as an activity not engaged in for profit income. Mark for follow up Question 68 of 85. Tina is a sole proprietor. She operates a sporting goods store. Her gross revenue is $95,000 for 2022 . Which of the following expenses would NOT meet the definition of "ordinary and necessary expense"? $120 per month for a mobile phone used exclusively for the business. $1,500 for advertising costs. $2,000 for gifts given to four customers. Each gift is valued at $500. $30,000 in wage expenses paid to three part-time employees. Mark for follow up

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