Multiple Choice
Tory considered opening a cupcake store in Denver.Tory is currently a full-time dentist.After spending $8,600 on a market study,he decided against opening the store on August 1.What is the maximum amount of deduction for the current year attributable to this expenditure?
A) $0
B) $5,000
C) $5,600
D) $6,800
Correct Answer:
Verified
Correct Answer:
Verified
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