Betty Brunett, an employee who is single, spent $2,000 in unreimbursed business expenses associated with her $20,000 annual salary. Included in those expenses were $1,000 of travel and $1,000 of dues and subscriptions. Because of $5,000 of interest expense on her home, she will be filing Schedule A of Form 1040. In the current year, how much of her $2,000 expenses will be deductions "for" and "from" AGI?

Answer rating: 100% (QA)

To determine how much of Betty Brunetts 2000 expenses will be deductions for and from AGI Adjusted G... View the full answer