Question
8 Which of the following deduction items are subject to the 2% nondeductible floor applicable to miscellaneous itemized deductions (2017 tax year only)? LOADING... (Click
8
Which of the following deduction items are subject to the 2% nondeductible floor applicable to miscellaneous itemized deductions (2017 tax year only)?
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Deductions | Subject to 2% Nondeductible floor | |
---|---|---|
a. | Investment counseling fees |
|
b. | Fees for tax return preparation |
|
c. | Unreimbursed professional dues for an employee |
|
d. | Gambling losses |
|
e. | Interest on a personal residence |
|
f. | Unreimbursed employee travel expenses |
|
g. | Reimbursed employee travel expenses (an adequate accounting is made to the employer and any excess reimbursement must be repaid) |
|
h. | Safe deposit box rental expenses for an investor |
|
a. | Investment counseling fees |
b. | Fees for tax return preparation |
c. | Unreimbursed professional dues for an employee |
d. | Gambling losses |
e. | Interest on a personal residence |
f. | Unreimbursed employee travel expenses |
g. | Reimbursed employee travel expenses (an adequate accounting is made to the employer and any excess reimbursement must be repaid) |
h. | Safe deposit box rental expenses for an investor |
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