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Reese is a self-employed accountant. During the year, Reese incurs the following unreimbursed expenses: (Click the icon to view the expenses.) Requirement Identify which of
Reese is a self-employed accountant. During the year, Reese incurs the following unreimbursed expenses: (Click the icon to view the expenses.) Requirement Identify which of these expenses are deductible and the amount that is deductible by Reese. Indicate whether they are deductible for or from AGI. (Enter a "0" in the Amount of deduction column if an item is not deductible. Ignore any AGI limitations for the purposes of this problem.) Item Deductible? Amount of deduction Amounts $ 1,100 150 i Data Table Travel to client locations Subscriptions to professional journals Taking potential clients to lunch Photocopying Item Amount $ 1,100 150 Travel to client locations Subscriptions to professional journals Taking potential clients to lunch Photocopying Total $ 1,525 Print Done
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