Jack Davis is a minister at Our Savior Church. He received $40,000 in ministerial income, $32,000 of
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Jack Davis is a minister at Our Savior Church. He received $40,000 in ministerial income, $32,000 of which is salary and $8,000 from baptisms, funerals, and weddings. He incurred $1,800 in expenses from his salaried job and $1,100 in expenses for baptisms, funerals, and weddings. calculate What amount of expenses can Minister Davis include as a deduction on his Form 2106, subject to the 2% floor?
Related Book For
South Western Federal Taxation Individual Income Taxes 2018
ISBN: 9781337385893
41st Edition
Authors: William H. Hoffman, David M. Maloney, William A. Raabe, James C. Young, Nellen
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