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n200080 [17]
3 years ago
5

Meal and Entertainment Expenses. Milt, a self-employed attorney, incurs the following expenses in 2019: Business lunches for cli

ents and prospective clients Entertainment of professional associates in his home (immediately following business meetings) Country club dues (the club is used exclusively for business) Total I:7-49 $4,000 2,000 2,500 $8,500 Which of the expenditures listed above (if any) are deductible in 2019 by Milt?
Business
1 answer:
grandymaker [24]3 years ago
4 0

Answer: Deductibles

1. Business lunches for clients and prospective clients will be deductible since its directly related to the businesses.

2. Country club dues will be deductible for it's exclusive to the business.

The entertainment for professional associate will not be deductible since it's not exclusive for the busines

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