Problemas
Question 16 of 25 Frieda is itemizing deductions on her federal income tax return and had 1700 in non-reimbursed work expenses last year. If her AGI was 76,000 and if non-reimbursed work expenses are deductible to the extent that they exceed 2% of a taxpayer's AGI, how much can Frieda deduct for non- reimbursed work expenses? A. 34 B. 180 C 1666 D. 1520
Roztwór
Nelly
veterano · Tutor durante 10 años
4.4
(173 Votos)
Respuesta
To determine how much Frieda can deduct for non-reimbursed work expenses, we need to calculate the amount that exceeds 2% of her Adjusted Gross Income (AGI).Given:- Non-reimbursed work expenses:
76,000- Deductible threshold: 2% of AGIFirst, calculate 2% of Frieda's AGI:
Next, subtract this threshold from her total non-reimbursed work expenses to find the deductible amount:
Therefore, Frieda can deduct
180