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Arnold Is Employed as an Assistant Manager in the Furniture

question 11

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 2015,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:

Body

The physical structure of a person or an animal, including the bones, flesh, and organs.

ECG Electrodes

Small, adhesive pads used during an electrocardiogram test to detect and record the electrical activity of the heart.

Lower Leg

The part of the leg between the knee and the ankle, consisting of the calf and shin regions.

Electrocardiogram

A graphic record of the electric currents generated by the heart; a tracing of the heart action; may also be referred to as an ECG or EKG.

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