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Leigh Pays the Following Legal and Accounting Fees During the Year

question 47

Multiple Choice

Leigh pays the following legal and accounting fees during the year:  Legal fees in connection with a contract dispute in her trade or business $8,800 Legal fees related to resolving a tax deficiency related to business 4,000 Tax return preparation fees: Allocable to Schedules A and B 1,000 Tax return preparation fees: Allocable to Schedule C 1,200 Legal fees incident to a divorce 5,000\begin{array}{|l|c|}\hline \text { Legal fees in connection with a contract dispute in her trade or business } & \$ 8,800 \\\hline \text { Legal fees related to resolving a tax deficiency related to business } & 4,000 \\\hline \text { Tax return preparation fees: Allocable to Schedules A and B } & 1,000 \\\hline \text { Tax return preparation fees: Allocable to Schedule C } & 1,200 \\\hline \text { Legal fees incident to a divorce } &5,000 \\\hline\end{array} What is the total amount of her for AGI deduction for these fees?


Definitions:

Political Force

An influence or power exerted by or through political means, entities, or ideologies to affect change or control within a society.

Order of The Star

A historic chivalric order or a society that often has a religious, cultural, or social mission, depending on the context.

Sword and Riding Boots

symbolize military power and the aristocratic lifestyle, often associated with the imagery of cavalry and officers in historical contexts.

Curled Beard and Turban

Distinctive features often portrayed in historical and religious art, signifying dignity, wisdom, or specific cultural or religious identities.

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