Compute the meals and entertainment deduction


Meals and Entertainment

Response to the following problem:

Courtney is employed as a sales person. During the year, Courtney pays $250 for tickets to a concert that she gives to a client. Courtney does not attend the concert with the client. Also during the year, she picks up the $210 tab for a dinner for one of her customers. She was in the restaurant at the time the customer was dining, but did not dine with the customer. Courtney was not reimbursed for either of these amounts. Compute Courtney's meals and entertainment deduction and discuss where she reports this amount on her tax return.

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Taxation: Compute the meals and entertainment deduction
Reference No:- TGS02109242

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