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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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