In each of the following Independent cases, Indicate the amount (1) deductible for AGI, (2) deductible...

 

 

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In each of the following Independent cases, Indicate the amount (1) deductible for AGI, (2) deductible from AGI. and (3) deductible neither for nor from AGI before considering Income limitations or the standard deduction. (Leave no answer blank. Enter zero if applicable.) Problem 6-34 Pert-a (Algo) a. Fran spent $178 for uniforms for use on her Job. Her employer reimbursed her for $105 of this amount under an accountable plan (and did not report the relmbursement as wages). Deductible for AGI Deductible from AGI Not deductible b. Timothy, a plumber employed by ACE Plumbing, spent $130 for small tools to be used on his job, but he was not reimbursed by ACE. Deductible for AGI Deductible from AGI Not deductible C. Jake is a perfume salesperson. Because of his high pay, he recelves no allowance or reimbursement from his employer for advertising expenses even though his position requires him to advertise frequently. During the year, he spent $2,620 on legitimate business advertisements. Deductible for AGI Deductible from AGI Not deductible d. Trey Is a self-employed, special-duty nurse. He spent $335 for uniforms. Deductible for AGI Deductible from AGI Not deductible In each of the following Independent cases, Indicate the amount (1) deductible for AGI, (2) deductible from AGI. and (3) deductible neither for nor from AGI before considering Income limitations or the standard deduction. (Leave no answer blank. Enter zero if applicable.) Problem 6-34 Pert-a (Algo) a. Fran spent $178 for uniforms for use on her Job. Her employer reimbursed her for $105 of this amount under an accountable plan (and did not report the relmbursement as wages). Deductible for AGI Deductible from AGI Not deductible b. Timothy, a plumber employed by ACE Plumbing, spent $130 for small tools to be used on his job, but he was not reimbursed by ACE. Deductible for AGI Deductible from AGI Not deductible C. Jake is a perfume salesperson. Because of his high pay, he recelves no allowance or reimbursement from his employer for advertising expenses even though his position requires him to advertise frequently. During the year, he spent $2,620 on legitimate business advertisements. Deductible for AGI Deductible from AGI Not deductible d. Trey Is a self-employed, special-duty nurse. He spent $335 for uniforms. Deductible for AGI Deductible from AGI Not deductible

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a Deductible for AGI NIL Deductible from AGI 178105 73 Not deductible ... View the full answer