Chris opens a chiropractie office in Houston on January 1, 2018. In 2018, Chris drives a total of 4,200 miles from hisoffice to elients homes to do chiropraetie adjustments. In addition, he drives a total of 3,000 miles for commutingbetween his home and his office in 2018. He elects to use the standard mileage method. On January 1, 2018, Chrispurchases an annual subscription to a chiropractic journal for $200 and a l-year medical reference service for $500.Calculate Chris's deduction for the above items for the 2018 tax year.

Chris opens a ehiropraetie offiee in Houston on January 1, 2018. In 2018, Chris drives a total of 4,200 miles from his office to elients' homes to do chiropraetie adjustmants. In addition, he drives a total of 3,000 miles for commuting between his home and his ofmce in 2018. He elects to use the standard mileage method. Oa January 1, 2018, Chris purchases an annual subscription to a chiropractic journal for $200 and a l-year medical reference service for $500. Caleulate Chris's deduction for the above items for the 2018 tax year.

Chris opens a ehiropraetie offiee in Houston on January 1, 2018. In 2018, Chris drives a total of 4,200 miles from his office to elients' homes to do chiropraetie adjustmants. In addition, he drives a total of 3,000 miles for commuting between his home and his ofmce in 2018. He elects to use the standard mileage method. Oa January 1, 2018, Chris purchases an annual subscription to a chiropractic journal for $200 and a l-year medical reference service for $500. Caleulate Chris's deduction for the above items for the 2018 tax year.

SWFT Comprehensive Vol 2020

43rd Edition

ISBN:9780357391723

Author:Maloney

Publisher:Maloney

Chapter5: Gross Income: Exclusions

Section: Chapter Questions

Problem 20CE

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