If the Cost of Uniforms Is Deductible, Their Maintenance Cost

question 161

True/False

If the cost of uniforms is deductible, their maintenance cost (e.g., laundry, dry cleaning, alterations) also is deductible.

---

Definitions:

Utility Function

A mathematical representation of how a consumer ranks different bundles of goods based on the level of satisfaction (utility) they provide.

Consumption

The action of using up a resource or goods and services being used by consumers.

Saving

The portion of income not spent on current consumption but reserved for future use.

Total Income

The aggregate amount of income received by an individual or household from all sources before taxes or deductions.