Cooper and Brandy are married and file a joint income tax return with two separate Schedule Cs. Cooper is an independent security specialist who spent $400 on uniforms during the year. His laundry expenses for the uniforms were $75 for this year, plus $65 for altering them. Brandy works as a drill press operator and wears jeans and a work shirt on the job, which cost $175 this year. Her laundry costs were $50 for the work clothes. Brandy is also required by state regulators to wear safety glasses and safety shoes when working, which cost a total of $95. How much is their total deduction on their Schedule Cs for special clothing and uniforms? $ ______________
Answer to relevant QuestionsSam owns an insurance agency and makes the following business gifts during the year. Calculate Sam’s deduction for business gifts. Randi qualifies for a home deduction. The amount of space devoted to business use is 400 square feet of the total 2,000 square feet of her home. Randi's mortgage interest and property taxes in total are $1,600. Other ...Kevin owns a retail store, and during the current year he purchased $600,000 worth of inventory. Kevin’s beginning inventory was $65,000, and his ending inventory is $75,000. During the year, Kevin withdrew $15,000 in ...1. Which of the following is false about the self-employed health insurance deduction? a. The deduction cannot be claimed when a subsidized employer health insurance plan is also available. b. The deduction cannot be ...In June of 2014, Keith accepts a new job with the same employer in San Diego. He formerly commuted 12 miles to a job in Canton, OH; San Diego is 2,150 miles from his old home. He incurs the following expenses in his move ...
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