Joline works as a sales manager for the Washington Manufacturing Company.Although the company has an accountable reimbursement plan,as a cost containment measure the company will only reimburse its sales personnel for 80% of their business expenses.During the year,Joline incurred the following business expenses:
If Joline's adjusted gross income is $62,000,what amount can Joline deduct as a miscellaneous itemized deduction?
A) $320
B) $540
C) $890
D) $1,560
E) $1,780
Correct Answer:
Verified
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