1. Susan is a salesperson. Susans employer provided her with an ipad for use at work, client locations and at home. The ipad was worth $900. For income tax purposes, Susan should :

a. deduct $900 from AGI

b. include $900 in gross income

c. exclude $900 from gross income

d. deduct $900 for AGI

e. report as a capital gain

Treasury Regulations:

2. a. may not be amended

b. are adopted by the U.S. Congress and amended by the U.S. Congress from time to time

c. are adopted by the U.S. Treasury Department

d. are adopted by the U.S. Congress and amended by the U.S. Treasury Department from time to time

e. both a and c