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Rose is a self-employed accountant. During the year, Rose incurs the following unreimbursed expenses: Requirement Rose is a self-employed accountant. During the year, Rose incurs

image text in transcribed Rose is a self-employed accountant. During the year, Rose incurs the following unreimbursed expenses: Requirement

Rose is a self-employed accountant. During the year, Rose incurs the following unreimbursed expenses: View the expenses. Requirement Identify which of these expenses are deductible and the amount that is deductible by Rose. 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 Travel to client locations Subscriptions to professional journals Taking potential clients to lunch Photocopying Amounts Deductible? Amount of deduction Expenses Item Travel to client locations Subscriptions to professional journals Taking potential clients to lunch Amount 1,100 110 500 90 1 ,800 Photocopying Total Print Done

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