Question: Carey opens a law office in Chicago on January 1

Carey opens a law office in Chicago on January 1, 2014. On January 1, 2014, Carey purchases an annual subscription to a law journal for $170 and a 1-year legal reference service for $1,500. Calculate Carey’s deduction for the above items for the 2014 tax year. $ ___________________

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  • CreatedJuly 16, 2015
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