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Problem 9-35 (a) (LO.4) Shelia, who is single, is employed as a full-time middle school teacher. The school district where she works recently instituted a
Problem 9-35 (a) (LO.4) Shelia, who is single, is employed as a full-time middle 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, Shelia spent most of the summer of 2019 taking graduate courses at an out-of-town university. Her MAGI is $70,000 and her expenses are as follows: Tuition $8,000 2,000 Books and course materials Lodging Meals 650 Campus parking 500 In addition, Shelia drove her personal automobile 4,800 miles in connection with the education. She uses the automatic mileage method. 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? 8,000 x Feedback Check My Work It is important to differentiate between deductible and nondeductible education expenses. In addition, deductible education expenses may be partly be deducted for AGI and from AGI. b. How much of these expenses might qualify as deductions from AGI? If required, round your answer to the nearest dollar. $ 4,000 x
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