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What is bob actual deduction for miscellaneous

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Reference no: EM131831725

Question - Brain files a single tax return and decides to itemize his deductions. Bob's income for the year consists of $75000 of salary, $3000 long term capital gain and $1500 interest income. Bob's expenses for the year consists of $800 investment advice fees, $700 unreimbursed employee business expenses (a miscellaneous) and $250 tax return preparation fees. What is Bob's actual deduction for miscellaneous itemized deductions?

Reference no: EM131831725

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