A taxpayer may be eligible to deduct which of the following as an allowable business...
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Accounting
A taxpayer may be eligible to deduct which of the following as an allowable business expense in part 11 of Schedule C, Profit or Loss statement?
a) Half the cost of their group term life insurance
b) Half the cost of meals purchased while traveling for business
c) An amount contributed to their individual retirement plan
d) The cost of the health insurance premium for themselves and their families
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