Brian, which is our client, is a graduate student at Portland State University. He is currently working as an accountant for a large consulting company. The company paid for a CPA pre course, which would have cost him $3,300.

They also paid for all of the CPA exam and state filling fee, which totaled $1,100. Due to Covid, he was working from home during busy season. His company gave him a Starbucks gift card for $50, a GrubHub gift card for $300, and Safeway gift card for $150. His AGI before considering any of these items was $65,000. Brian wants to know whether gift cards and CPA exam fees affect his taxes.

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