3. Which of the following items would be a miscellaneous itemized deduction on Schedule A of Form 1040 not subject to the 2 percent of AGI floor?

a. Investment expenses under 212.

b. Professional dues.

c. Tax return preparation fees.

d. Unreimbursed employee expenses.

e. None of the above.

4. In 2010, Israel, the sole proprietor of a video rental store, pays a $4,000 premium for medical insurance for himself and an additional $5,000 for his family. Emily, one of Israels employees, pays a $4,000 premium for a medical insurance policy for herself. Which of the following statements is true?

a. Israel may deduct $9,000 as a deduction from AGI.

b. Israel may deduct $4,000 as a deduction for AGI.

c. Emily may deduct $4,000 as a deduction for AGI.

d. Israel may deduct $9,000 as a deduction for AGI.

e. None of the above.