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in 2020, expenses generated from activities producing hobby income are? A) completely allowed as other itemized deductions on Schedule A. B) allowed as miscellaneous itemized
in 2020, expenses generated from activities producing hobby income are? A) completely allowed as other itemized deductions on Schedule A. B) allowed as miscellaneous itemized deductions subject to the 2% of AGI limitation. C) completely disallowed as miscellaneous itemized deductions subject to the 2% AGI limitation. D) allowed as miscellaneous itemized deductions subject to the 2% AGI limitation only when not in excess of hobby income.
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