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Business, 12.03.2020 22:00 mia2286

Michelle operates a food truck. Indicate the amount (if any) that she can deduct as an ordinary and necessary business deduction in each of the following situations. (Leave no answers blank. Enter zero if applicable.) a. Michelle moves her food truck between various locations on a daily rotation. Last week, Michelle was stopped for speeding. She paid a fine of $125 for speeding, including $80 for legal advice in connection with the ticket.

dEDUCTIBLE AMT:

Michelle paid $750 to reserve a parking place for her food truck for the fall football season outside the local football arena. Michelle also paid $95 for tickets to a game for her children.

dedUCTIBLE AMT

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Michelle operates a food truck. Indicate the amount (if any) that she can deduct as an ordinary and...
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