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Miscellaneous Itemized Deductions
In the current year Mary incures $3600 of unreimbursed employement-related travel and entertainment expenses. These expenses include the following:Airfair-$1500Taxi fare-100meals eaten alone while away from home-300laundry-50lodging-650business meals with customers in which business is discussed-500entertainment of customers-500total-3600
Mary also pays $1000 of investment couseling fees and $500 of tax return prep fees in the current year. Mary's AGI is 70,000.
a. what is the total amount of Mary's deductible expenses?b. Are the deductible expenses classified as for AGI or from AGI?
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