What are the total expenses

Reference no: EM13521865

P, a calendar year, cash basis tax;ayer, started a business on June1, 2014. His lease required monthly payments of $800 beginning on June1. Insurance for permises also began on June 1 and was to be paid every three months and cost $125 per month. Premiums were paid on June 1, 2014, September 1, 2014, December1, 2014 and March 1, 2015. What are the total expenses that P may deduct for 2014

Reference no: EM13521865

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