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While on her way home from work in 2021, Olivia was in a car accident and lost full use of her legs. She purchased a powered wheelchair so she could continue to work in her current position. Which of the following is correct?

While on her way home from work in 2021, Olivia was in a car accident and lost full use of her legs. She purchased a powered wheelchair so she could continue to work in her current position. Which of the following is correct?

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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While on her way home from work in 2021, Olivia was in a car accident and lost full use of her legs. She purchased a powered wheelchair so she could continue to work in her current position. Which of the following is correct? a) Olivia cannot deduct the cost of the wheelchair from her taxes. b) Olivia's employer should pay for the wheelchair. c) Olivia can deduct the cost of the wheelchair as an itemized deduction. d) Olivia can deduct the cost of the wheelchair even if she takes the standard deduction.
Transcribed Image Text:While on her way home from work in 2021, Olivia was in a car accident and lost full use of her legs. She purchased a powered wheelchair so she could continue to work in her current position. Which of the following is correct? a) Olivia cannot deduct the cost of the wheelchair from her taxes. b) Olivia's employer should pay for the wheelchair. c) Olivia can deduct the cost of the wheelchair as an itemized deduction. d) Olivia can deduct the cost of the wheelchair even if she takes the standard deduction.
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