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Daniel had adjusted gross income of $60,000, which consisted of $55,000 in wages and $5,000 in dividend income from taxable domestic corporations. His expenses include: Investment counseling fee $800 Attorney fess fir preparing a will $200 Union Dues $350 Tax return preparation fees $450 What is the net amount deductible by Daniel for the above items? A. $400 B. $600 C. $1,000 D. $1,600

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Financial Accounting, Accounting

Category:- Financial Accounting
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