Evan is employed as an assistant manager in the furniture division of a national

Question

Evan is employed as an assistant manager in the furniture division of a national chain of department stores. He is a recent college graduate with a degree in marketing. During 2011, he enrolls in the evening MBA program of a local university and incurs the following expenses: tuition, $4,300; books and computer supplies, $900; transportation expense to and from the university, $350; and meals while on campus, $300. Evan is single and his annual AGI is less than $65,000. Regarding these expenses, what are Evan's:

I. Deductions for AGI?

II. Deductions from AGI?

Explanation / Answer

deductions for AGI= tution fee= $4300, books and others= $900, meals in campus= $300.

deductions for AGI= 4300+900+300= $5500

2. deductions from AGI= 4300+900+300+350= $5850

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