West's adjusted gross income was $90,000.During the current year he incurred and paid the following: None of the expenses were reimbursed.Assuming he can itemize deductions,how much should West claim as miscellaneous itemized deductions (after limitations have been applied)?

Question

West's adjusted gross income was $90,000.During the current year he incurred and paid the following:  None of the expenses were reimbursed.Assuming he can itemize deductions,how much should West claim as miscellaneous itemized deductions (after limitations have been applied)?

Quizplus · Accepted Answer

A)The first three items are deductible-$2,000 + $1,000 + $1,500 = $4,500.The floor is $1,800 (.02 × $90,000),leaving a deduction of $2,700.The will preparation is a nondeductible personal expense.

West's Adjusted Gross Income Was $90,000