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Business, 30.05.2020 17:00 shannonderemer

Under the deemed substantiation method of accounting for expenses, what is the maximum amount taxpayers are allowed as a deduction without being required to substantiate the amount of the expenses? a. The per diem rate established by the state in which they live. b. The appropriate Federal per diem amount. c. All expenses up to $25 per day. d.$75 per day. e. None of these choices are correct.

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