Detmer is a successful doctor who earned $204,800 in fees this year, but he also competes in weekend golf tournaments. Detmer reported the following expenses associated with competing in almost a dozen tournaments:
This year Detmer won $5,200 from competing in various golf tournaments. Assuming that Detmer itemizes his deductions and that he did not have any other miscellaneous itemized deductions, what amount of the golfing expenses are deductible after considering all limitations if the tournament golfing is treated as a hobby activity?
Definitions:
Task System
A labor system used on plantations, particularly in the cultivation of rice and cotton, where enslaved people were assigned specific tasks to complete each day, as opposed to working from sunrise to sunset.
Slave
A person who is the legal property of another and is forced to obey them.
Quota
A fixed share or allocation of something, often applied to trade limitations, immigration controls, or production targets.
Dahomey
A historical kingdom in West Africa, known for its powerful military, wealth through trade, and role in the transatlantic slave trade.
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