Calculate Carey’s deduction for the above items for the 2016 tax year

Carey opens a law office in Chicago on January 1, 2016. On January 1, 2016, Carey purchases an annual subscription to a law journal for $170 and a 1-year legal reference service for $1,500. Carey also subscribes to Chicago Magazine for $54 so she can find great places to eat dinner and keep up with the latest midwestern trends. Calculate Carey’s deduction for the above items for the 2016 tax year. View Solution:
Carey opens a law office in Chicago on January 1

Thanks for installing the Bottom of every post plugin by Corey Salzano. Contact me if you need custom WordPress plugins or website design.