Examlex

Solved

In the Current Year,Bo Accepted Employment with a Kansas City

question 158

Essay

In the current year,Bo accepted employment with a Kansas City law firm after graduating from law school.Her expenses for the year are listed below:
Cost of bar review course
$1,500
Qualified moving expenses
2,100
Job hunting expenses
1,800
Subscriptions to legal journals
450
Membership dues in bar associations
620
State bar dues
300

Since Bo worked just part of the year,her salary was only $32,100.In terms of deductions from AGI,how much does Bo have?


Definitions:

Consumer Binge

A period characterized by excessive spending and consumption by consumers.

Bank Credit Cards

Financial instruments issued by banks that allow holders to borrow funds up to a predetermined limit for purchases or cash withdrawals.

Durable Goods

Goods that are designed to last and be used over a long period, such as vehicles, appliances, and furniture.

Nondurable Goods

Goods that are consumed or are only usable for a short period of time before they are depleted or become useless.

Related Questions