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Ying manages an illegal drug operation. In the current year she incurred expenses for: Warehouse space $1,500 Gasoline for $700 automobile Cost of goods
Ying manages an illegal drug operation. In the current year she incurred expenses for: Warehouse space $1,500 Gasoline for $700 automobile Cost of goods $5,000, and sold Commissions $500 paid Ying has documentation of all her costs incurred. What are the total deductions she can deduct on her tax return? A) $7,700 B) $5,000 C) $5,500 D) $0
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