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Gary Is a Self-Employed Accountant Who Pays $2,000 for Business

Question 85

Multiple Choice

Gary is a self-employed accountant who pays $2,000 for business meals. How much of a deduction can he claim for the meals and where should the deduction be claimed?


A) 50 percent, miscellaneous itemized deduction
B) 50 percent, Schedule C deduction
C) 100 percent, miscellaneous itemized deduction
D) 100 percent, Schedule C deduction

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