1. Electronic filing (e-filing): a.Generally results in a slower refund. b.Reduces the chances that the IRS will make mistakes when inputting tax return information. c.Requires the services of a professional. d.Can be done only by telephone.
1. Electronic filing (e-filing):
a.Generally results in a slower refund.
b.Reduces the chances that the IRS will make mistakes when inputting tax return information.
c.Requires the services of a professional.
d.Can be done only by telephone.
2. Barry is a self-employed attorney who travels to New York on a business trip during 2021. Barry's expenses were as follows:
|
Airfare |
$550 |
|
Taxis |
40 |
|
Restaurant meals |
150 |
|
Lodging |
350 |
How much may Barry deduct as travel expenses for the trip?
a.$0
b.$1,015
c.$940
d.$1,090
e.None of these choices are correct.
3. Which of the following is deductible as dues, subscriptions, or publications?
a.Subscription to the "Journal of
b.Dues to a health club for a doctor
c.Dues to the drama club for a student
d.Subscription to "Vogue" magazine for a corporate president
e.None of these choices are correct.
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
