Question
1.-Tiffany's automobile was destroyed in a federally declared disaster. the FMV of the auto was 7500 before the disaster and $ 0 after . She
1.-Tiffany's automobile was destroyed in a federally declared disaster. the FMV of the auto was 7500 before the disaster and $ 0 after . She purchased it last year for 10200. She didn't get any insurance reimbursement . the AGI is 25000. What is Tiffany's deductible casualty loss? a) 0 b) 2500 c) 4900 d) 7500
2.- Ari is an employed as a nurse at st Ignatius General hospital. Which of the following expenses are most likely deductible on his schedule A a) transportation expenses to travel between the hospital and his home at beginning and end of each shift b) fees paid to the state nursing board to renew his license c) surgical scrubs d) a cash contribution to his favorite 501 (c)(3) charity
Explain Please!!
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