Allison who is single incurred 4000 for unreimbursed, Ask an Expert

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Allison, who is single, incurred $4,000 for unreimbursed employee expenses, $10,000 for mortgage interest and real estate taxes on her home, and $500 for investment counseling fees. Allison's AGI is $80,000. Allison's allowable deductions from AGI are (after limitations have been applied)

A) $10,500.

B) $12,900.

C) $14,000.

D) $14,500.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M945808

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