Grace is a single medical student at State University,a qualified educational institution.This year Grace paid university tuition of $12,000.Grace works part-time at the University library,and this year she reports $15,000 of salary and no other items of income or expense.Which of the following is a true statement?

Question

Quizplus · Accepted Answer

Grace cannot deduct any of her tuition as a business expense because it is not an ordinary and necessary expense directly related to her job at the library. She also cannot deduct her tuition as a miscellaneous itemized deduction because the deduction for miscellaneous itemized deductions has been suspended for tax years 2018 through 2025. Therefore, all of the choices are false.

Grace Is a Single Medical Student at State University,a Qualified