Arnold Is Employed as an Assistant Manager in the Furniture

question 59

Essay

Arnold is employed as an assistant manager in the furniture division of a national chain of department stores. He is a recent college graduate with a degree in marketing. During 2017, he enrolls in the evening MBA program of a local university and incurs the following expenses: tuition, $4,200; books and computer supplies, $800; transportation expense to and from the university, $450; and meals while on campus, $400. Arnold is single and his annual AGI is $64,000. As to these expenses, what are Arnold's:
a.Deductions for AGI?
b.Deductions from AGI?

---

Definitions:

Social Changes

The significant alteration of social structures and cultural patterns over time within a society.

Human Resource

The personnel of an organization or the department responsible for managing employee-related functions.

Union Responsibilities

Obligations of labor unions, including representing members, negotiating labor contracts, and protecting workers' rights and interests.

Collective Agreements

Contracts between employers and trade unions outlining terms of employment, working conditions, and employee rights.