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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:
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SAfe deposit box rental for investments $100
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Tax return prep fees 500
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Moving expenses (deductible under sec 217) 2,000
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Mortgage interest on prin residence 12,000
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RE Taxes on prin residence 1,800
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Unreimbursed employment-related expenses (other than
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business meals and entertainment) 6,000
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Unreimbursed employment related expenses for business meals and entertainment
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(business is discussed) 1,200
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total 23,600
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a.What is the amount of Melisa's total miscellaneous deductions( after 2% floor)?
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b. What is the amount of Melisa's total itemized deductions?
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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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