Problem 1: Brent must substantiate his travel and entertainment expenses, which of the following is not required for documentation?
a. company expense report
b. business relationship to the taxpayer of individuals entertained
c. purpose of the expenditure
d. time and place of the travel or entertainment
Problem 2: Van pays the following medical expenses this year
- $500 for doctor bills for Van's son who is claimed as a dependent by Van's former spouse.
- $300 for Van's eyeglasses.
- $900 for Van's dental work.
-$800 for Van's face lift. Van, a newscaster, is worried about the wrinkles around his eyes.
How much can Van include on his return as qualified medical expenses before limitation?
a. $1,200
b. $1,400
c. $1,700
d. $2,500