Tammy teaches elementary school history for the Metro School District. In 2015 she has incurred the following expenses associated with her job:
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Noncredit correspondence course on history
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$ 900
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Teaching cases for classroom use
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1,800
|
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Tuition for university graduate course in physics
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1,200
|
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Transportation between school and home
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750
|
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Photocopying class materials
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100
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Transportation from school to extracurricular activities
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110
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Cost of lunches eaten during study halls
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540
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Tammy receives a base salary of $45,000 and a $200 salary supplement to help her cover expenses associated with her school extracurricular activities.
a) Identify the amount and type ( for AGI or from AGI) of deductible expenses (assume the 2014 rules apply for purposes of the qualified education expense deduction and the educator expense deduction).
b) Calculate Tammy's AGI and taxable income for 2015 assuming she files single with one personal exemption (assume the 2014 rules apply for purposes of the qualified education expense deduction and the educator expense deduction).