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Esterina, a self-employed A, purchases hockey tickets online for $380 and takes a client to the...

Esterina, a self-employed A, purchases hockey tickets online for $380 and takes a client to the game. Immediately before the game, Esterina and the client dine on chicken wings and other food and beverages at the restaurant in the arena, and Esterina charges the full $150 bill for dinner on her credit card. During dinner, and at various points throughout the game, they discuss an ongoing project Antonio is working on for the client and a potential new project. Esterina will deduct

$75.

$150.

$380.

$530.

0 0
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Answer #1

Answer $75

For Amount incurred or paid after 2017, Empoyer can not claim deduction for Entertainment expenses for client.

For Food Meals 50% of the cost incurred is allowed as deduction.

Hence Decution will be $150*50% = $75

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