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Politics : Formerly About Advanced Micro Devices

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To: J_F_Shepard who wrote (932566)4/29/2016 4:58:55 PM
From: jlallen   of 1575981
 
Wrong again...its a legal deduction but has a limit.

Publication 463 (2015), Travel, Entertainment, Gift ... - IRS.gov

https://www.irs.gov/publications/p463/ch03.html



Internal Revenue Service

If you give gifts in the course of your trade or business, you can deduct all or part of the cost. This chapter explains the limits and rules for deducting the costs of gifts. $25 limit. You can deduct no more than $25 for business gifts you give directly or indirectly to each person during your tax year.

As far as his tax returns, he is playing it smart....he will release them when it make sense in his strategy for gaining the WH. Trump haters like you are going to find fault no matter what.....
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