Calculate tammys agi and taxable income

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Reference no: EM13905908

Tammy teaches elementary school history for the Metro School District. In 2015 she has incurred the following expenses associated with her job:

Noncredit correspondence course on history

$ 900

Teaching cases for classroom use

1,800

Tuition for university graduate course in physics

1,200

Transportation between school and home

750

Photocopying class materials

100

Transportation from school to extracurricular activities

110

Cost of lunches eaten during study halls

540

Tammy receives a base salary of $45,000 and a $200 salary supplement to help her cover expenses associated with her school extracurricular activities.

a) Identify the amount and type ( for AGI or from AGI) of deductible expenses (assume the 2014 rules apply for purposes of the qualified education expense deduction and the educator expense deduction).

b) Calculate Tammy's AGI and taxable income for 2015 assuming she files single with one personal exemption (assume the 2014 rules apply for purposes of the qualified education expense deduction and the educator expense deduction).

Reference no: EM13905908

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