Solved

Grace Is Employed as the Manager of a Sandwich Shop  Subscriptions to food publications$300\ \text{Subscriptions to food publications} \quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\$300

Question 92

Multiple Choice

Grace is employed as the manager of a sandwich shop. This year she earned a salary of $45,000 and incurred the following expenses associated with her employment:  Subscriptions to food publications$300\ \text{Subscriptions to food publications} \quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\$300
 Cooking class ("How to make better subs") 250\ \text{Cooking class ("How to make better subs") }\quad\quad\quad\quad\quad\quad250
 Transportation between Grace’s home and the shop500\ \text{Transportation between Grace's home and the shop}\quad\quad\quad500 What amount of miscellaneous itemized deductions can Grace include with her other allowable itemized deductions?


A) $150
B) $1,050
C) $550
D) $200 if Grace was reimbursed $50 for her cooking class
E) None of these.

Correct Answer:

verifed

Verified

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