Matthew, a Single Taxpayer with Adjusted Gross Income of $90,000

question 69

Multiple Choice

Matthew, a single taxpayer with adjusted gross income of $90,000, works as a computer programmer for the Novak Corporation. The corporation reimburses all its employees 50% of tuition, fees and books for courses taken at the local university. Matthew incurs $6,000, is reimbursed $3,000, and can deduct the remaining $3,000 of the education expense I As a deduction from adjusted gross income. II. Only if the course is required by state law to continue in his current job.

• A) Only statement I is correct.
• B) Only statement II is correct.
• C) Both statements are correct.
• D) Neither statement is correct.

---

Definitions:

Courier

An individual or company engaged in the delivery of messages, packages, and mail, often providing fast and secure services.

Equal Space

Equal space refers to the uniform distribution of elements or objects within a given area, ensuring that each has an identical amount of surrounding area.

Fonts

The design and appearance of printed or displayed text characterized by its style, size, and family.

Grid

A framework of spaced bars that are parallel to or cross each other to form squares or rectangles.