Question
Required information Skip to question [The following information applies to the questions displayed below.] Clem is married and is a skilled carpenter. Clem's wife, Wanda,
Required information
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[The following information applies to the questions displayed below.]
Clem is married and is a skilled carpenter. Clem's wife, Wanda, works part time as a substitute grade school teacher. Determine the amount of Clem's expenses that are deductible for AGI this year (if any) under the following independent circumstances:
Note: Leave no answer blank. Enter zero if applicable.
d. Clem paid $42 to rent a safety deposit box to store his coin collection. Clem has collected coins intermittently since he was a child, and he expects to sell his collection when he retires.
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