Read the case on which your Portfolio Project is based. Determine all items that will be deducted before the AGI calculation. In a MS Excel spreadsheet, list all deductible items in column A. In column B, determine where that deduction should appear on Form 1040 (for tax year 2017).
Review the Portfolio Project Milestone Rubric in the Module 4 Materials folder to understand how you will be graded on the project. You must address instructor feedback when submitting your complete Portfolio Project during week 8.
The deliverables are as follows:
The MS Excel spreadsheet that lists the deduction for AGI (dfor) items and the supporting information on which your decision is based.