A taxpayer maintains a computer that is used 90 percent for his employers business. The...

90.2K

Verified Solution

Question

Accounting

A taxpayer maintains a computer that is used 90 percent for his employers business. The taxpayer also spent $500 in meals, $300 in supplies and had a cell phone that cost $600 per year and is used 50% for his employer. Discuss what can taxpayer deduct as a miscellaneous itemized deduction.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students