Ellie, a CPA, incurred the following deductible education expenses to maintain or improve her skills:
$\begin{array}{ll}
\text { Travel and transportation } & \$ 1,700 \
\text { Registration fees for conferences and seminars } & 6,000 \
\text { Self-study course materials } & 800
\end{array}$ Ellie's AGI for the year is $60,000.
a. If Ellie is self-employed, what are the amount of and the nature of the deduction for these expenses?
b. If, instead, Ellie is an employee who is not reimbursed by his employer, what are the amount of and the nature of the deduction for these expenses (after limitations)?

Question

Ellie, a CPA, incurred the following deductible education expenses to maintain or improve her skills:
 $\begin{array}{ll}
\text { Travel and transportation } & \$ 1,700 \
\text { Registration fees for conferences and seminars } & 6,000 \
\text { Self-study course materials } & 800
\end{array}$ Ellie's AGI for the year is $60,000.
a. If Ellie is self-employed, what are the amount of and the nature of the deduction for these expenses?
b. If, instead, Ellie is an employee who is not reimbursed by his employer, what are the amount of and the nature of the deduction for these expenses (after limitations)?

Quizplus · Accepted Answer

The Answer of Ellie, a CPA, incurred the following deductible education expenses to maintain or improve her skills:
 $\begin{array}{ll}
\text { Travel and transportation } & \$ 1,700 \
\text { Registration fees for conferences and seminars } & 6,000 \
\text { Self-study course materials } & 800
\end{array}$ Ellie's AGI for the year is $60,000.
a. If Ellie is self-employed, what are the amount of and the nature of the deduction for these expenses?
b. If, instead, Ellie is an employee who is not reimbursed by his employer, what are the amount of and the nature of the deduction for these expenses (after limitations)?

Ellie, a CPA, Incurred the Following Deductible Education Expenses to Maintain