Complete the following table by classifying each of the independent expenditures (assume that no reimbursement takes place).

Question:

Expense Item a. Moving expense of an employee b. Tax return preparation fee incurred by an employed plumber

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Expense Item Deductible for AGI Deductible from AGI Not Deductible a Moving expenses of an employee Yes Yes No b Tax return preparation fee incurred by an employed plumber No No Yes c Safety glasses purchased by an employed pipefitter Yes Yes No d Dues to auto club eg AAA for the taxpayer who uses the automatic mileage method Yes Yes No e Nursing refresher course for taxpayers who retired from nursing five years ago No No Yes f Gambling loss not in excess of gambling gain by a selfemployed architect Yes No No g Contribution to Roth IRA by a selfemployed attorney No No Yes h Business travel expenses by a statutory employee Yes No No i Job hunting expense ...View the full answer

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