Assume all of the same facts as in part a except that


Roberta is an accountant employed by a local firm. During the year, Roberta incurs the following unreimbursed expenses:

Item Amount
Travel to client locations $750
Subscriptions to professional journals 215
Taking potential clients to lunch 400
Photocopying 60

a. Identify which of these expenses are deductible and the amount that is deductible. Indicate whether they are deductible for or from AGI.

b. Would the answers to Part a. change if the accounting firm reimburses Roberta for there expenses?

c. Assume all of the same facts as in Part a., except that Roberta is self-employed. Identify which of the expenses are deductible, and indicate whether they are deductions for or from AGI.

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Finance Basics: Assume all of the same facts as in part a except that
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