What is Avas total itemized deduction

Assignment Help Accounting Basics
Reference no: EM132667730

Problem - In 2019, Ava, an employee, has AGI of $58,000 and the following itemized deductions:

Home office expenses $1,200

Union dues and work uniforms 350

Unreimbursed employee expenses 415

Gambling losses to the extent of gambling winnings 890

Required - What is Ava's total itemized deduction related to these items?

Reference no: EM132667730

Questions Cloud

Demonstrate the total materials variance : Demonstrate the total materials variance and round to the nearest whole dollar. Enter a favorable variance as a negative number.
Define importance of opportunity costs to decision-making : Explain the importance of opportunity costs to decision-making and how opportunity costs lead to trade. Evaluate how better business decisions can benefit not.
Find the expected growth rate of the purchasing power : You just deposited $4,000 in a savings account paying 12% for one year. Suppose that the price level is expected to grow at a rate of 3% over the course of that
Demonstarte for adelphi company the cost of goods sold : Demonstarte for Adelphi Company the FY 2018 Cost of Goods Sold. Total production, 11,000 units. Direct materials $4.00. Variable overhead $1.00
What is Avas total itemized deduction : Gambling losses to the extent of gambling winnings 890. What is Ava's total itemized deduction related to these items
Define it security industry doing to counter security issues : Increasingly, U.S. organizations are outsourcing software development activities to countries like India, Pakistan, China, and other emerging economies.
What is the stock holding : A stock price is currently trading at $75. What is the stock holding, sc('n,) and month market holding y(n) at each point in the tree?
Calculate the amount of cash that practical collected : Calculate the amount of cash that Practical collected from customers during the year.
What are the leading indicators of distress : Focus on identifying indicators, What are the leading indicators of distress that could be revealed through analysis of a company's financial statements?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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