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George Took a Customer to Dinner Where They Discussed Business

Question 2

Essay

George took a customer to dinner where they discussed business and then went to see a play. He spent $120 for the meal and left a $25 tip. Cab fare to the theater was $10 and George paid a scalper $200 for the two play tickets with a face value of $80 each. What is George's allowable deduction for these expenses if the expenses were incurred in 2017? How would your answer change if these expenses were incurred in 2018?

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