Problem 9-29 (Algorithmic) (LO. 5) During 2021, José, a self-employed technology consultant, made gifts in the following amounts: To Haley (José's personal assistant) at Christmas $33 To Darryl (a key client)-$3 was for gift wrapping 42 To Darryl's wife (a homemaker) on her birthday 10 To Veronica (José's office manager) at Christmas 95 In addition, on professional assistants' day, José takes Haley to lunch at a local restaurant at a cost of $60. Presuming that José has adequate substantiation, how much can he deduct? Do not round intermediate computations. If required, round your final answer to the nearest cent. 145

Problem 9-29 (Algorithmic) (LO. 5) During 2021, José, a self-employed technology consultant, made gifts in the following amounts: To Haley (José's personal assistant) at Christmas $33 To Darryl (a key client)-$3 was for gift wrapping 42 To Darryl's wife (a homemaker) on her birthday 10 To Veronica (José's office manager) at Christmas 95 In addition, on professional assistants' day, José takes Haley to lunch at a local restaurant at a cost of $60. Presuming that José has adequate substantiation, how much can he deduct? Do not round intermediate computations. If required, round your final answer to the nearest cent. 145

SWFT Comprehensive Vol 2020

43rd Edition

ISBN:9780357391723

Author:Maloney

Publisher:Maloney

Chapter9: Deduct Ions: Employee And Self-employed - Related Expenses

Section: Chapter Questions

Problem 33P

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