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In the Current Year,Bo Accepted Employment with a Kansas City

Question 102

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In the current year,Bo accepted employment with a Kansas City law firm after graduating from law school.Her expenses for the year are listed below:
Cost of bar review course
$1,500
Qualified moving expenses
2,100
Job hunting expenses
1,800
Subscriptions to legal journals
450
Membership dues in bar associations
620
State bar dues
300

Since Bo worked just part of the year,her salary was only $32,100.In terms of deductions from AGI,how much does Bo have?

Correct Answer:

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$770.AGI is $30,000 [$32,100 (salary)- $...

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