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Required information [The following information applies to the questions displayed below.] Clem is married and is a skilled carpenter. Clem's wife, Wanda, works part
Required information [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: (Leave no answer blank. Enter zero if applicable.) b. Clem and Wanda own a garage downtown that they rent to a local business for storage. This year they incurred expenses of $1,150 in utilities and $1,120 in depreciation. Deductible amount for AGI
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