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Business, 18.12.2019 02:31 JeroMii

Bob brain files a single tax return and decides to itemize his deductions. bob's income for the year consists of $75,000 of salary, $3,000 long-term capital gain, and $1,500 interest income. bob's expenses for the year consists of $800 investment advice fees, $700 unreimbursed employee business expenses (a miscellaneous itemized deduction), and $250 tax return preparation fees.

what is bob's actual deduction for miscellaneous itemized deductions?

a. zero

b. $1,590

c. $1,500

d. $1,750

e. other generally, which of the following does not correctly categorize the type of income?

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