Sophia, single, is a employee of JWH Consulting Company. She incurs $5,000 of valid entertaining expenses for which she receives no reimbursement. How much would she benefit from being reimbursed by JWH rather than deducting the expenses on her tax return? Her annual salary is $100,000, and she has other itemized deductions of $6,000.
A) $3,600
B) $4,160
C) $4,720
D) $4,860
E) $5,000
Correct Answer:
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