Catherine is a CPA employed by a large accounting firm in San Francisco.In the current year,she paid the following amounts: How much may she deduct on Schedule A as a miscellaneous deduction,before considering the 2 percent of adjusted gross income limitation?

Question

Quizplus · Accepted Answer

Catherine may deduct the total of $920 as a miscellaneous deduction before considering the 2 percent of adjusted gross income limitation. This is calculated by adding up all of the expenses listed, except for the business use of home expenses which would be deductible as a business expense rather than a miscellaneous deduction.

Catherine Is a CPA Employed by a Large Accounting Firm