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    Deducting Entertainment Expenses

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    Joe is a self-employed tax attorney who frequently entertains his clients at his country club. Joe's club expenses include the following:
    Annual dues $ 5,400
    Initiation fees 1,200
    Charges for personal meals with his family 3,100
    Meal and entertainment charges related to business use 4,000

    Assuming the business meals and entertainment qualify as deductible entertainment expenses, what amount may Joe deduct as entertainment expenses?

    A. $2,000.
    B. $4,000.
    C. $4,700.
    D. $5,300.

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    Solution Summary

    This solution provides the correct answer with calculations and explanation to the entertainment expense deduction question listed. The applicable IRS code reference is also included.