father beats receive 55,000 in Ministry with orange 38 V 500 salary of ministry Services 2750 and Performing weddings in 13750 excluded personal allowance he incurred 7000 of unreimbursed expenses connected with his ministry earnings 5500 related to his Minister salary and 1500 related to weddings performed as self-employment how much of these expenses are deductible when figuring net income for income tax allocation to exclude personage alone
Answer:
Expenses = 7000
Less: Earning =5500
Net Expenses =1500
Income 55000
Add Salary =500
Ministry ser. =2750
Performing Wedding =12250 *
Less Net Exp.=(1500)
Net Income =69,000/-
* Income =13750
less Exp. =1500
Net Income =12250
father beats receive 55,000 in Ministry with orange 38 V 500 salary of ministry Services 2750...