Matthew,a single taxpayer with adjusted gross income of $90,000,works as a computer programmer for the Novak Corporation.The corporation reimburses all its employees 50% of tuition,fees and books for courses taken at the local university.Matthew incurs $6,000,is reimbursed $3,000,and can deduct the remaining $3,000 of the education expense

Question

Matthew,a single taxpayer with adjusted gross income of $90,000,works as a computer programmer for the Novak Corporation.The corporation reimburses all its employees 50% of tuition,fees and books for courses taken at the local university.Matthew incurs $6,000,is reimbursed $3,000,and can deduct the remaining $3,000 of the education expense  ​

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The Answer of Matthew,a single taxpayer with adjusted gross income of $90,000,works as a computer programmer for the Novak Corporation.The corporation reimburses all its employees 50% of tuition,fees and books for courses taken at the local university.Matthew incurs $6,000,is reimbursed $3,000,and can deduct the remaining $3,000 of the education expense  ​

Matthew,a Single Taxpayer with Adjusted Gross Income of $90,000,works as a Computer