Samantha, who is single and has MAGI of $42,300, was recently employed by an accounting firm. During the year, she spends $2,550 for a CPA exam review course and begins working on a law degree in night school. Her law school expenses were $5,895 for tuition and $555 for books (which are not a requirement for enrollment in the course). Assuming no reimbursement, how much of these expenses can Samantha deduct? $fill in the blank 1
Samantha, who is single and has MAGI of $42,300, was recently employed by an accounting firm. During the year, she spends $2,550 for a CPA exam review course and begins working on a law degree in night school. Her law school expenses were $5,895 for tuition and $555 for books (which are not a requirement for enrollment in the course). Assuming no reimbursement, how much of these expenses can Samantha deduct? $fill in the blank 1
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Samantha, who is single and has MAGI of $42,300, was recently employed by an accounting firm. During the year, she spends $2,550 for a CPA exam review course and begins working on a law degree in night school. Her law school expenses were $5,895 for tuition and $555 for books (which are not a requirement for enrollment in the course).
Assuming no reimbursement, how much of these expenses can Samantha deduct?
$fill in the blank 1
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