Match the Statements That Relate to Each Other

question 57

Short Answer

Match the statements that relate to each other. (Note: Choice L may be used more than once.)
a.Cover charge paid to entertain client at a night club.
b.Deductible even if taxpayer does not take the new job
c.Company picnic sponsored by employer
d.Use of Federal per diem allowance to substantiate meals while in travel status
e.Does not have to be job related
f.Can include cost of car insurance and automobile club dues
g.Distribution from plan is taxable
h.Distribution from plan is not taxable
i.Expatriate (U.S. person who is employed overseas) returns home to retire
j.Taxpayer moves to a new residence 55 miles closer to his present job
k.Country club membership fee
l.Correct match not provided
-Qualified tuition and related expenses (under § 222)

---

Definitions:

Dow Jones

An American stock market index that measures the stock performance of 30 large companies listed on stock exchanges in the United States.

Kickstarter

An online crowdfunding platform where individuals can donate money to support creative projects and ventures in exchange for rewards or equity.

Fundraising Project

A campaign or initiative undertaken to gather financial resources or investments for a specific purpose or project.

Moneyback Guarantee

A promise made to customers to refund their purchase price if the product or service fails to meet specified criteria or satisfaction.