Lennart is currently working as a kitchen hand. Which of the following expenses incurred by Rebel can be claimed as a deduction? Select one: None of these The cost of parking near the restaurant on the day of the seminar, as she needed to drive directly to the seminar after work. All of the above. A vocational course Lennart is undertaking in real estate. A food hygiene seminar she paid to attend
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Lennart is currently working as a kitchen hand. Which of the following expenses incurred by Rebel can be claimed as a deduction?
Select one:
None of these
The cost of parking near the restaurant on the day of the seminar, as she needed to drive directly to the seminar after work.
All of the above.
A vocational course Lennart is undertaking in real estate.
A food hygiene seminar she paid to attend
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- What is the qualified business income deduction for the following problem: Note: This problem is for the 2018 tax year. Janice Morgan, age 24, is single and has no dependents. She is a freelance writer. In January 2018, Janice opened her own office located at 2751 Waldham Road, Pleasant Hill, NM 88135. She called her business Writers Anonymous. Janice is a cash basis taxpayer. She lives at 132 Stone Avenue, Pleasant Hill, NM 88135. Her Social Security number is 123-45-6789. Janice's parents continue to provide health insurance for her under their policy. Janice wants to contribute to the Presidential Election Campaign Fund. During 2018, Janice reported the following income and expense items connected with her business. Income from sale of articles $85,000 Rent 16,500 Utilities 7,900 Supplies 1,800 Insurance 5,000 Travel (including meals of $1,200) 3,500 Janice purchased and placed in service the following fixed assets for her business. Janice wants to elect immediate…Courtney receives most of her income from wages from her job as a high school teacher. She also receives supplemental income from freelance tutoring part-time during the summer. Because her tutoring income is not subject to withholding, Courtney is concerned that she will have a balance due at the end of the year. Which of the following is an option you can recommend to Courtney to avoid a balance due?Asshish is a medical doctor and a scientist. He works at a local hospital in the mornings, attending to patients. At lunchtime he takes a train to the local university where he works in a research laboratory. At the end of the day, he takes the train home. Advise Asshish as to the tax deductibility of the train fares. O The train fare from the university to his home will not be deductible as it is a private or domestic expense O The train fare from the university to his home will be deductible as it is necessary to put him in a position to earn the income O The train fare from the university to his home will not be deductible as it is a fringe benefit tax O The train fare from the university to his home will be deductible as it is directly connected to his income exertion