Question: 13. Carter incurred the following expenses in the current year: $500 for the preparation of a personal income tax re- turn, $100 for custodial fees
13. Carter incurred the following expenses in the current year: $500 for the preparation of a personal income tax re- turn, $100 for custodial fees on an IRA, $150 for profes- sional publications, and $2,000 for union dues. Carter's current year adjusted gross income is $75,000. Carter, who is not self-employed, itemizes deductions. What will Carter's deduction be for miscellaneous itemized deductions after any limitations in the current year?
a. $0
b. c. $ 750 $1,250
d. $2,750
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