Solved

In the Current Year, Bo Accepted Employment with a Kansas

Question 112

Essay

In the current year, Bo accepted employment with a Kansas City law firm after graduating from law school. Her expenses for the year are listed below:
 Cost of bar review course $1,500 Qualified moving expenses 2,100 Job hunting expenses 1,800 Subscriptions to legal journals 450 Membership dues in bar 620 State bar dues 300\begin{array}{lr}\text { Cost of bar review course } & \$ 1,500 \\\text { Qualified moving expenses } & 2,100 \\\text { Job hunting expenses } & 1,800 \\\text { Subscriptions to legal journals } & 450 \\\text { Membership dues in bar } & 620 \\\text { State bar dues } & 300\end{array}
Since Bo worked just part of the year, her salary was only $32,100. In terms of deductions from AGI, how much does Bo have?

Correct Answer:

verifed

Verified

$770. AGI is $30,000 [$32,100 (salary) -...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents