Discuss the 2%-of-AGI floor and the 50% cutback limitation in connection with various employee expenses under the following arrangements:
Definitions:
Feelings
Emotional responses or states that result from one's circumstances, mood, or relationships with others.
Emerging Adulthood
A phase of life between adolescence and full-fledged adulthood, typically ranging from ages 18 to 25, characterized by exploration, instability, and self-focus.
Marry
The act of becoming legally joined in a relationship as spouses through a social or religious ceremony.
Stage
A specific point or period in the process of growth or development.
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