Check which of the expenses are deductible

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Reference no: EM134040

Question :

Roberta is an accountant employed by a local firm. In this year, Roberta incurs the subsequent unreimbursed expenses:

Item Amount

Travel to client locations $750

Subscriptions to professional journals 215

Taking potential clients to lunch 400

Photocopying 60

a. Recognize which of these expenses are deductible and the amount that is deductible. Show whether they are deductible for or from AGI.

b. Would the answers to Part a. change if the accounting firm reimburses Roberta for their expense?

c. Consider all of the same facts as in Part a., except that Roberta is self-employed. Check which of the expenses are deductible, and show whether they are deductions for or from AGI.

Reference no: EM134040

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