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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
In the current year, Melissa, a single employee whose AGI is $100,000 before any of the items below,ncurs the following expenses:
SAfe deposit box rental for investments $100
Tax return prep fees 500
Moving expenses (deductible under sec 217) 2,000
Mortgage interest on prin residence 12,000
RE Taxes on prin residence 1,800
Unreimbursed employment-related expenses (other than
business meals and entertainment) 6,000
Unreimbursed employment related expenses for business meals and entertainment
(business is discussed) 1,200
total 23,600
a.What is the amount of Melisa's total miscellaneous deductions( after 2% floor)?
b. What is the amount of Melisa's total itemized deductions?
c. What is the amount of Melisa's total itemized deductions if her AGI after all adjusments above is $190,000?
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