Question
Problem 9-30 (c) (LO. 4) Rhonda, who is married filing a joint return, is employed as a full-time high school teacher. The school district where
Problem 9-30 (c) (LO. 4)
Rhonda, who is married filing a joint return, is employed as a full-time high school teacher. The school district where she works recently instituted a policy requiring all of its teachers to start working on a master's degree. Pursuant to this new rule, Rhonda spent most of the summer of 2019 taking graduate courses at a local university. Her MAGI is $125,000 and her expenses are as follows:
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Click here to access Exhibit 9.1
If an amount is zero, enter "0".
a. How much, if any, of these expenses might qualify as deductions for AGI? $
b. How much of these expenses might qualify as deductions from AGI?
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Managerial Accounting And Analysis In Multinational Enterprises
Authors: H. Peter Holzer, Hanns Martin W. Schoenfeld
1st Edition
0899250874, 978-0899250878
