A doctor spent two weeks doing charity medical work in Gaza. In calculating her taxable income…


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A doctor spent two weeks doing charity medical work in Gaza. In calculating her taxable income… 2 answers below » A doctor spent two weeks doing charity medical work in Gaza. In calculating her taxable income for the year, her accountant deducted as business expenses her roundtrip airline ticket, meals and a hotel bill for the two weel stay. She was suprised to learn that the accountant, followingIRS rules, could not deduct as a cost of the trip the RM8,000 of income she lost by being absent from her medical practise for two weeks. She asked the accountant, ‘ Since lost income is not deductible as an expenses, should i ignore it when i make decision next year to go to Gaza for charity work? Can you give View complete question » A doctor spent two weeks doing charity medical work in Gaza. In calculating her taxable income for the year, her accountant deducted as business expenses her roundtrip airline ticket, meals and a hotel bill for the two weel stay. She was suprised to learn that the accountant, followingIRS rules, could not deduct as a cost of the trip the RM8,000 of income she lost by being absent from her medical practise for two weeks. She asked the accountant, ‘ Since lost income is not deductible as an expenses, should i ignore it when i make decision next year to go to Gaza for charity work? Can you give the doctor some advice on decision making? View less » Dec 12 2014 09:31 AM

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