Question: 12In Chapter 9, we learned that in some instance payer can education expense deduction FOR A with certain mies. Apply those rules to the fiets
12In Chapter 9, we learned that in some instance payer can education expense deduction FOR A with certain mies. Apply those rules to the fiets below. Carolyn is single and has a college degree in finance. She is employed as loan officer at a bank and his of approximately $50.000. During the year, she enrolled in a weekend MBA program and incurred the following nonreimbursed expens: $3.000 (tition). 100 ( oks). 5200 (meals), and S100 ( U sportation and from campus). Carolyn has a a. Deduction for ACL of $3,000. b. Deduction for Act of $4,000. e. Deduction for AGI of $4,100. d. Deduction for AGI or so. e. Deduction for GI of $4,200. 019 hida 10
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