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The maximum amount that an employer can deduct as a gift to an employee for 30 years of service is: $500. $400. $250. $1,000. $0.

The maximum amount that an employer can deduct as a gift to an employee for 30 years of service is:

$500.

$400.

$250.

$1,000.

$0.

Which of the following expenses reported on Schedule C (page 1) does not need to be substantiated on another form or schedule?

Car and truck expenses

Business use of the home when not opting to use the safe harbor method

Depreciation

Taxes and licenses

All of the above need to be substantiated on another form attached to Form 1040

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