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Required information Problem 6-34 (LO 6-1, LO 6-2) (Algo) (The following information applies to the questions displayed below.) In each of the following Independent cases,
Required information Problem 6-34 (LO 6-1, LO 6-2) (Algo) (The following information applies to the questions displayed below.) In each of the following Independent cases, indicate the amount (1) deductible for AGI. 2) deductible from AGI, and (3) deductible neither for nor from AGI before considering Income limitations or the standard deduction. (Leave no answer blank. Enter zero if applicable.) Problem 6-34 Part-a (Algo) a. Fran spent $178 for uniforms for use on her job. Her employer relmbursed her for $105 of this amount under an accountable plan (and did not report the relmbursement as wages). Deductible for AGI Deductible from AGI Not deductible b. Timothy, a plumber employed by ACE Plumbing, spent $130 for small tools to be used on his job, but he was not reimbursed by ACE. Deductible for AGI Deductible from AGI Not deductible c. Jake is a perfume salesperson. Because of his high pay, he recelves no allowance or reimbursement from his employer for advertising expenses even though his position requires him to advertise frequently. During the year, he spent $2,620 on legitimate business advertisements. Deductible for AGI Deductible from AGI Not deductible d. Trey is a self-employed, special-duty nurse. He spent $335 for uniforms. Deductible for AGI Deductible from AGI Not deductible Required information Problem 6-34 (LO 6-1, LO 6-2) (Algo) (The following information applies to the questions displayed below.) In each of the following Independent cases, indicate the amount (1) deductible for AGI. 2) deductible from AGI, and (3) deductible neither for nor from AGI before considering Income limitations or the standard deduction. (Leave no answer blank. Enter zero if applicable.) Problem 6-34 Part-a (Algo) a. Fran spent $178 for uniforms for use on her job. Her employer relmbursed her for $105 of this amount under an accountable plan (and did not report the relmbursement as wages). Deductible for AGI Deductible from AGI Not deductible b. Timothy, a plumber employed by ACE Plumbing, spent $130 for small tools to be used on his job, but he was not reimbursed by ACE. Deductible for AGI Deductible from AGI Not deductible c. Jake is a perfume salesperson. Because of his high pay, he recelves no allowance or reimbursement from his employer for advertising expenses even though his position requires him to advertise frequently. During the year, he spent $2,620 on legitimate business advertisements. Deductible for AGI Deductible from AGI Not deductible d. Trey is a self-employed, special-duty nurse. He spent $335 for uniforms. Deductible for AGI Deductible from AGI Not deductible
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