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The income reported on a Schedule C will always match the amount the individual receives on one or more 10995. Select one: True False What

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The income reported on a Schedule C will always match the amount the individual receives on one or more 10995. Select one: True False What is the maximum amount of Section 179 that can be claimed in the first year on a SUV that is over the weight limit? (one number without dollar sign) You incurred the following expenses working for a CPA firm. Your boss tells you that these are required for your job. You receive only a Form W-2. Your firm has no reimbursement policy, so you are on your own on these. new computer - $1,500 overnight stays at hotel for client meetings - $500 Supplies - $200 Meals with clients - $300 What can you take as a miscellaneous deduction in your 2020 return? a. $1,000 and you would depreciate computer over five years b. $850(1,000150 one-half of meals) and you would depreciate computer over five years c. $2,500 less $150 for one-half of meals d. $2,500 e. nothing at all

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