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Self- employed business income ( line 3 of schedule 1 and schedule c) . . . This is a graded discussion: 12 points possible due

Self- employed business income ( line 3 of schedule 1 and schedule c)

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. . . This is a graded discussion: 12 points possible due Nov 8 Li Week 4 Discussion Forum 25 25 in Edward Beaudin Kelly is a self employed tax attorney whose practice primarily involves tax planning. During the year she attended a 3-day seminar related to changes related to tax law. She incurred the following expenses: Lodging - $400 > Meals - $95 Registration - $350 > Transportation - $150 How much can Kelly deduct? Kelly believes becoming a CPA would improve her skills as a tax attorney. She enrolls as a part time student at a local college to take CPA review courses. She spends $1,500 on tuition and $300 for books. How much of these expenses can she deduct? Why

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