Indicate whether the following expenditures are trade or


Indicate whether the following expenditures are trade or business (T), production of income deductions (PI), personal deductions (P), or are not deductivel (X). Also indicate if the deductible expenditures are deductible 'for' or 'from' AGI.

a. Interest Expense on business loan

b. Hobby Expenses in excess of hobby income

c. Communizing expenses of individual taxpayer

d. Rent Payments by illegal gambling business

e. Payment to bride government official made by a business

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Financial Accounting: Indicate whether the following expenditures are trade or
Reference No:- TGS0998453

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