Ellie, a CPA, incurred the following deductible education expenses to maintain or improve her skills:...
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Accounting
Ellie, a CPA, incurred the following deductible education expenses to maintain or improve her skills:
travel and transportation 1700.00
Tuition 6000.00
Books 800.00
Elli's AGI FOR THE YEAR IS 60,000
a. If Ellie is self-employed, what are the amount of and the nature of the deduction for these expenses? b. If, instead, Ellie is an employee who is not reimbursed by his employer, what are the amount of and the nature of the deduction for these expenses (after limitations)?
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