1.Which of the followingcurrentlyis deductible by an employee taxpayer?

Question options: (first is incorrect )

a home office deduction

50% of the cost of meal between the employee and a potential client that is not reimbursed by the employer

$250 paid by an employee accountant (unreimbursed by the employer) to attend a five hour workshop on newly enacted tax rules for pass-though entities.

Out-of-pocket expenses of $200 for classroom materials paid by a 3rd grade teacher

2.Greta Thompson is a part-time real estate agent who works as an independent contractor.She drives her personal automobile for 2,000 miles during 2020 for purposes of showing houses.If she uses the standard mileage rate, what is her automobile expense for the year?

DO NOT USE DOLLAR SIGNS OR COMMAS IN YOUR ANSWER!!

Answer: 2000*0.575=1150 is right?

3.George and Janet Morton pay $8,000 of tuition and fees for their daughter, Shauna who attends a local university.George and Janet file a joint return and have a combined modified AGI of $140,000.Regarding the Tuition and Fees deduction, which of the following statements are true?

PICK ALL THAT APPLY!!

Question options: (choose second and fourth at some time is not correct )

George and Janet may take an itemized deduction for this expenditure.

George and Janet may take a deduction FOR AGI (an Adjustment to Income).

George and Janet may not take a deduction for this expenditure.

George and Janet may take a $4,000 deduction for this expenditure.

George and Janet may take a $2,000 deduction for this expenditure.

4.Which of the following business deductions mostly were eliminated by the TCJA of 2017?

Question options: (third is incorrect)

deductions for business use of passenger automobiles

deductions for business entertainment, amusement, or recreation

deductions for business meals

deductions for business education