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Title: Steven is a representative for a textbook publishing company. Steven attends a convention which will ... Post by: Augustus1 on Jan 9, 2017 Steven is a representative for a textbook publishing company. Steven attends a convention which will also be attended by many potential customers. During the week of the convention, Steven incurs the following costs in entertaining potential customers.
Meal costs $ 1,500 Entertainment of customers 3,500 Having recently been to a company seminar on the new tax laws, Steven makes sure that business is discussed at the various dinners, and that the entertainment is on the same day as the different dinners. Steven is reimbursed $2,000 by his employer under an accountable plan. Steven's AGI for the year is $50,000, and while he itemizes deductions, he has no other miscellaneous itemized deductions. What is the amount and character of Steven's deduction after any limitations? A) $500 from AGI B) $500 for AGI C) $2,000 from AGI D) $2,000 for AGI Title: Re: Steven is a representative for a textbook publishing company. Steven attends a convention which ... Post by: Yoko900 on Jan 9, 2017 Content hidden
Title: Re: Steven is a representative for a textbook publishing company. Steven attends a convention which will ... Post by: Augustus1 on Mar 19, 2017 Your explanation helped, amazing amazing!
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