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Question 16 of 25 Frieda Is Itemizing Deductions on Her Federal Income Tax Return and Had 1700 in Non-reimbursed Work Expenses Last

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
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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