Natasha is an employee of The Johnson Company.She incurs a total of $7,500 in business expenses as follows:
Natasha receives reimbursement of $5,600 after an adequate accounting to her employer.Natasha's itemized deductions before any limitations would be:

Question

Natasha is an employee of The Johnson Company.She incurs a total of $7,500 in business expenses as follows:  ​
Natasha receives reimbursement of $5,600 after an adequate accounting to her employer.Natasha's itemized deductions before any limitations would be:

Quizplus · Accepted Answer

Natasha incurred $7,500 in business expenses and received a reimbursement of $5,600. Therefore, her net business expenses are $1,900 ($7,500 - $5,600). This net business expense amount would be eligible for itemized deductions.

Natasha Is an Employee of the Johnson Company