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Charishma,a CPA,paid the Following Expenses in Pursuing Her Profession: -Professional

Question 81

Multiple Choice

Charishma,a CPA,paid the following expenses in pursuing her profession: -Professional society dues -$450
-Tax and accounting journals -$250
How much of these expenses can be deducted if she is an employee of an accounting firm,and how much is deductible is she is a self-employed CPA? Ignore any potential limitations based on AGI.


A) Employee -$0; Self-employed -$0
B) Employee -$700; Self-employed -$700
C) Employee -$0; Self-employed -$700
D) Employee -$700; Self-employed -$0

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