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Shane,an Employee,makes the Following Gifts,none of Which Are Reimbursed

Question 67

Multiple Choice

Shane,an employee,makes the following gifts,none of which are reimbursed: Shane,an employee,makes the following gifts,none of which are reimbursed:   What amount of the gifts is deductible before application of the 2% of AGI floor for miscellaneous itemized deductions? A) $125 B) $150 C) $75 D) $178 What amount of the gifts is deductible before application of the 2% of AGI floor for miscellaneous itemized deductions?


A) $125
B) $150
C) $75
D) $178

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