Evaluate total amount of mary''s deductible expenses

Assignment Help HR Management
Reference no: EM1333217

Deductible Unreimbursed Employee Expenses

In the current year, Mary incurs $3,600 of unreimbursed employment-related travel and entertainment expenses. These expenses include the following:
Airfare $1,500
Taxi fare 100
Meals eaten alone while away from home on business 300
Laundry 50
Lodging 650
Business meals with customers at which business is discussed 500
Entertainment of customers 500
Total $3,600

Mary also pays $1,000 of investment counseling fees and $500 of tax return preparation 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?

Reference no: EM1333217

Questions Cloud

Prepare your strategic hrm plan : Prepare a memo that summarizes your choice for a division you will focus on in creating your strategic HRM plan.
Tool utilized to improve decision making : Describe a decision tree and discuss how such a tool can be utilized to improve decision making.
Provide that the risk free interest rate premium on market : Barramundi Inc. stock is currently selling at $40 per share (its equilibrium price) provide that the risk free interest rate is 8% and the equilibrium risk premium on the market portfolio is 6%.
Theory of negligence in lawsuit case study : Discuss the negligence or other theory for recovery in the suit Chancit's widow has brought against Ford Motor Company, the makers of the Ford Fairlane.
Evaluate total amount of mary''s deductible expenses : What is the total amount of Mary's deductible expenses and Are the deductible expenses classified as for AGI or from AGI?
Alternatives courses of action management for leftover : Identify at least three alternatives courses of action management could take with regard to the leftover T-shirts.
Implement training and developing programs : How will the culture of the organization impact the training and development process and What are the major challenges of implementing training and developing programs?
Compute the price of the stock has a p-sales ratio : Compute the price of the stock. A stock has a P/Sales ratio of 3. Sales per share is $16. Find the price of the stock.
The inhibition theory : Use the inhibition theory to explain how a powerful person is different from that of a powerless person.

Reviews

Write a Review

HR Management Questions & Answers

  What challenges might managers face

Check three nonfinancial segments of total reward and What challenges might managers face in implementing such segments?

  Case study of pepsico

Propose a strategy that may enable PepsiCo to close the gap in this market and describe how this may allow PepsiCo to achieve the number-one market position.

  Eight pricing practices of companies

Monroe and Cox provide eight pricing practices of companies that have a negative effect on profitability. Which do you consider to be the easiest to avoid or fix? Why? Explain your position using an example

  Explain kohlberg''s trends and findings

Do you believe Kohlberg's trends and findings are credible and State whether you agree or disagree, and why

  Incentives as an employee motivator

Incentives as an Employee Motivator - Incentives or "pay for performance" can be a powerful employee motivator. It can take a variety of forms of compensation and can be measured in multiple ways.

  Show the important part of strategic activities

Human Resource Quantitatively and Qualitatively - Evaluating training and development activities should be an important part of strategic activities within organizations

  Types of market and legal systems

Recognize the types of market systems and types of legal systems which exist in the countries where the corporation operates. What effect do these have on the company's operations?

  Methods for verify eligibility prior to hiring

Contact the Human Resources manager at your company, division, or at another company. Ask the manager to explain the methods they use to verify eligibility prior to hiring.

  Training and cultural preparedness

Explain "reducing expatriate failure rates" in terms of lack of training and cultural preparedness etc

  Is hr strategy important for a company

Importance of a Human Resource Strategy - Why do you think having an HR strategy is important for a company

  Diversity-oriented recruiting program

What special measures might be necessary for a successful diversity-oriented recruiting effort and explain the conditions under which realistic job previews are and are not appropriate

  Show the privatization of jobs in the public sector

Privatization of Jobs in the Public Sector- Privatization of jobs in the public sector has increased as budget problems as a staffing alternative

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd