Rita,a single employee with AGI of $100,000 before consideration of the items below,incurred the following expenses during the year,all of which were unreimbursed unless otherwise indicated:
In addition,Rita paid $300 for dues to her professional business association.The company reimbursed her after she submitted the appropriate documentation for the dues.What is Rita's net miscellaneous itemized deduction for the year after application of all relevant limitations?
Definitions:
Responsibility
The obligation to carry out duties, make decisions, and be accountable for the outcomes.
Product Design
The process of ideating, creating, and iterating products with the goal of solving users' problems or addressing specific needs.
Overhead Costs
Expenses incurred in the running of a business that are not directly tied to specific products or services, such as rent, utilities, and administrative salaries.
Functional Resources
Assets allocated to support specific functions or operations within a company, such as human resources, finance, or technology.
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