Ms. Garcia is employed as a nurse by Central Hospital. This year, Ms. Garcia paid $350 for her nursing license renewal and $1,150 for required medical scrubs and equipment. Ms. Garcia received no reimbursement from her employer. Her AGI is $58,000, she itemizes deductions, and her marginal tax rate is 22 percent. What is Ms. Garcia's after-tax cost of these employment-related expenses?
Ms. Garcia is employed as a nurse by Central Hospital. This year, Ms. Garcia paid $350 for her nursing license renewal and $1,150 for required medical scrubs and equipment. Ms. Garcia received no reimbursement from her employer. Her AGI is $58,000, she itemizes deductions, and her marginal tax rate is 22 percent. What is Ms. Garcia's after-tax cost of these employment-related expenses?
Chapter1: Federal Income Taxation—an Overview
Section: Chapter Questions
Problem 51P: Darrell is an employee of Whitneys. During the current year, Darrells salary is 136,000. Whitneys...
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Transcribed Image Text:Ms. Garcia is employed as a nurse by Central Hospital. This year, Ms.
Garcia paid $350 for her nursing license renewal and $1,150 for
required medical scrubs and equipment. Ms. Garcia received no
reimbursement from her employer. Her AGI is $58,000, she itemizes
deductions, and her marginal tax rate is 22 percent. What is Ms.
Garcia's after-tax cost of these employment-related expenses?
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