Answer Happy

Michelle operates several food trucks. Indicate the amount (if
any) that she can deduct as an ordinary and necessary business
deduction in each of the following situations. (Leave
no answers blank. Enter zero if applicable.)
a. Michelle moves her food truck between
various locations on a daily rotation. Last week, Michelle was
stopped for speeding. She paid a fine of $225 for speeding,
including $180 for legal advice in connection with the ticket.
b. Michelle paid $850 to reserve a parking
place for her food truck for the fall football season outside the
local football Stadium. Michelle also paid $195 for tickets to a
game for her children.
c. Michelle provided a candidate with free
advertising painted on her truck during the candidate’s campaign
for city council. Michelle paid $900 to have the ad prepared and an
additional $600 to have the ad removed from the truck after the
candidate lost the election.
d. Michelle realized a $1,300 loss when
she sold one of her food trucks to her father, a related party.