Marybeth is employed as an accountant for a large firm in San Diego. During 2014, she paid

Question:

Marybeth is employed as an accountant for a large firm in San Diego. During 2014, she paid the following expenses:
Unreimbursed employee business expenses ………………….$520
AICPA dues …………………………………………………. 400
Investment journal subscriptions …………………………….. 175
Student loan interest …………………………………………. 450
Job hunting expenses within the same profession ………….... 200
Marybeth plans to itemize her deductions in 2014 because she purchased a home this year and has mortgage interest expense; what amount could she claim as miscellaneous itemized deductions before the AGI limitations?
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Fundamentals Of Taxation 2015

ISBN: 9781259293092

8th Edition

Authors: Ana Cruz, Michael Deschamps, Frederick Niswander, Debra Prendergast, Dan Schisler, Jinhee Trone

Question Posted: