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the answer is $1,528 either. Jeremy traveled to a neighboring state to investigate the purchase of two automobile dealerships. His expenses included travel, legal, accounting,
the answer is $1,528 either. Jeremy traveled to a neighboring state to investigate the purchase of two automobile dealerships. His expenses included travel, legal, accounting, and miscellaneous expenses. The total was $55,000. He incurred the expenses in March and April of 2019. In each of the following scenarios, what can Jeremy deduct in 2019? In your computations, round the per month amount to the nearest dollar. If an amount is zero, enter "0". a. Jeremy was in the automobile dealership business and did not acquire the two automobile dealerships. 55,000 1. Jeremy was in the automobile dealership business. He acquired the two automobile dealerships and began operating them on August 1, 2019 55,000 c. Jeremy did not acquire the two automobile dealerships and was not in the automobile dealership business. 0 d. Jeremy acquired the two automobile dealerships but was not in the automobile dealership business when he acquired them. Operations began on August 1, 2019 1,389 x
the answer is $1,528 either.
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