Question

Andrew, who operates a laundry business, incurred the following expenses during the year. ∙ Parking ticket of $250 for one of his delivery vans that parked illegally. ∙ Parking ticket of $75 when he parked illegally while attending a rock concert in Tulsa. ∙ DUI ticket of $500 while returning from the rock concert. ∙ Attorney's fee of $600 associated with the DUI ticket. What amount can Andrew deduct for these expenses? a.$1,425. b.$600. c.$0. d.$250.

Answer 1

correct option is c.$0

Step-by-step explanation:

given data

Parking ticket = $250

Parking ticket = $75

DUI ticket = $500

Attorney's fee = $600

to find out

What amount Andrew deduct for these expenses

solution

we know that parking ticket $75 and DUI ticket $500 and attorney fee $600 these are all personal expenses

and parking ticket $250 that related to his laundry business is not deductible

because it is a violation of public policy so None of these expenses are deductible

so here correct option is c.$0