REMINDER: If you duplicate a word in providing an answer, it…

REMINDER: If you duplicate a word in providing an answer, it makes your answer wrong, and it will be counted wrong. EXAMPLE: “The case of Wilson v. Layne illustrates the principle that when law enforcement officials bring reporters during a ride-along inside a private home during an otherwise valid search they may violate the _____________ Amendment.” —–>> and then where you answer with … may violate the Fourth Amendment Amendment.

Abigail is an accountant who races stock cars as a hobby. Th…

Abigail is an accountant who races stock cars as a hobby. This year Abigail was paid a salary of $80,000 from her employer and won $2,000 in various races. Assume that Abigail itemizes her deductions.What is the effect of the racing activities on Abigail’s taxable income if Abigail has also incurred $4,200 of hobby expenses this year?