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Sheena Maskell Sheena Maskell
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Posts: 1902
7 years ago
Sarah incurred employee business expenses of $5,000 consisting of $3,000 business meals and $2,000 customer entertainment. She provided an adequate accounting to her employer's accountable plan and received reimbursement for one-half of the total expenses. How much of the meals and entertainment will be deductible by Sarah without consideration of the 2% of AGI limit?
A) $0
B) $1,250
C) $2,500
D) $5,000
Textbook 
Prentice Hall's Federal Taxation: 2011: Individuals

Prentice Hall's Federal Taxation: 2011: Individuals


Edition: 14th
Authors:
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Yoko900Yoko900
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Posts: 1876
7 years ago
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Sheena M. Author
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7 years ago
Thank you so much
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