Samantha recently was hired by an accounting firm. During the year, she spends $2,500 for a CPA

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Samantha recently was hired by an accounting firm. During the year, she spends $2,500 for a CPA exam review course and begins working on a law degree in night school. Her law school expenses were $4,200 for tuition and $450 for books (which are not a requirement for enrollment in the course). Samantha's AGI this year is $58,000. Assuming no reimbursement, how much can Samantha deduct for the:
a. CPA exam review course?
b. Law school expenses?
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Related Book For  answer-question

South Western Federal Taxation Individual Income Taxes 2017

ISBN: 9781305873988

40th Edition

Authors: William H. Hoffman, David M. Maloney, William A. Raabe, James C. Young, Nellen

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