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Exercise 9-27 (Algorithmic) (LO. 9) In 2020, Ava, an employee, who files single, has AGI of $34,300 and incurred the following miscellaneous itemized deductions this year: • Union dues and work uniforms: $960 • Home office expenses: $2,880 • Unreimbursed employee expenses: $1,344 • Gambling losses to the extent of gambling winnings: $2,125. What is Ava's total itemized deduction related to these items?

Exercise 9-27 (Algorithmic) (LO. 9) In 2020, Ava, an employee, who files single, has AGI of $34,300 and incurred the following miscellaneous itemized deductions this year: • Union dues and work uniforms: $960 • Home office expenses: $2,880 • Unreimbursed employee expenses: $1,344 • Gambling losses to the extent of gambling winnings: $2,125. What is Ava's total itemized deduction related to these items?

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Exercise 9-27 (Algorithmic) (LO. 9) In 2020, Ava, an employee, who files single, has AGI of $34,300 and incurred the following miscellaneous itemized deductions this year: ▪ Union dues and work uniforms: $960 Home office expenses: $2,880 Unreimbursed employee expenses: $1,344 ▪ Gambling losses to the extent of gambling winnings: $2,125. What is Ava's total itemized deduction related to these items?
Transcribed Image Text:Exercise 9-27 (Algorithmic) (LO. 9) In 2020, Ava, an employee, who files single, has AGI of $34,300 and incurred the following miscellaneous itemized deductions this year: ▪ Union dues and work uniforms: $960 Home office expenses: $2,880 Unreimbursed employee expenses: $1,344 ▪ Gambling losses to the extent of gambling winnings: $2,125. What is Ava's total itemized deduction related to these items?
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