Ed is a self-employed heart surgeon who has incurred

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Ed is a self-employed heart surgeon who has incurred subsequent reasonable expenses.

$1,000 in air fare to repair investment rental property in Colorado.
$500 in meals while attending a medical convention in New York.
$300 for tuition for an investment seminar "How to pick stocks."
$100 for tickets to a football game with hospital administrators to celebrate successful negotiation of a surgical contract earlier in the day.

How much can Ed deduct?
$1,300 "for AGI."
$1,300 "for AGI" and $300 "from AGI."
$480 "for AGI."
$80 "for AGI" and $1,300 "from AGI."
None of these.

Reference no: EM13370476

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