contestada

Emil is itemizing deductions on his federal income tax return and had $1900 in non-reimbursed work expenses last year. If his AGI was $78,000 and if non-reimbursed work expenses are deductible to the extent that they exceed 2% of a taxpayer's AGI, how much can Emil deduct for non-reimbursed work expenses?

Respuesta :

Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.

Below are the choices that can be found from other source:

A.$340 
B.$1560 
C.$38 
D.$1862

Below is the solution:

78000 x .0.02=1560 
1900 - 1560=340

Answer:

Emil deduct for non-reimbursed work expenses = $340

Step-by-step explanation:

Given : Emil is itemizing deductions on his federal income tax return and had $1900 in non-reimbursed work expenses last year.

If his AGI was $78,000 and if non-reimbursed work expenses are deductible to the extent that they exceed 2% of a taxpayer's AGI.

To find : How much can Emil deduct for non-reimbursed work expenses?

Solution :  

Non-reimbursed work expenses is 2% of a taxpayer's AGI.

[tex]=78000\times2\%[/tex]

[tex]=78000\times\frac{2}{100}[/tex]

[tex]=780\times2=1560[/tex]

$1900 in non-reimbursed work expenses

Emil deduct for non-reimbursed work expenses = $1900-$1560

                                                                                 = $340



Otras preguntas