Tammy teaches elementary school history for the Metro School District. In 2013 s

Question

Tammy teaches elementary school history for the Metro School District. In 2013 she has incurred the following expenses associated with her job:

Tammy receives a base salary of $45,000 and a $200 salary supplement to help her cover expenses associated with her school extracurricular activities.

Identify the amount and type (for AGI or from AGI) of deductible expenses.

Calculate Tammy

Tammy teaches elementary school history for the Metro School District. In 2013 she has incurred the following expenses associated with her job:

Explanation / Answer

b. Tammy's taxable income is $34,000.

Tammy would elect the standard deduction in lieu of itemizing. Salary and supplement Qualified education expense (graduate tuition)

Educators Deduction $ 45,200 1,200 250

AGI Standard deduction Personal exemption $ 43,750 5,950 3,800

Taxable income $ 34,000 -CORRECT ANSWER

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