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Which of the following is a true statement? Multiple Choice Unreimbursed employee business expenses are not deductible. Investment advisory expenses are not deductible. Business deductions
Which of the following is a true statement?
Multiple Choice
Unreimbursed employee business expenses are not deductible.
Investment advisory expenses are not deductible.
Business deductions are one of the most common deductions for AGI, but they are not readily visible on Schedule of Form
The distinction between business and investment expenses is critical for determining whether a deduction is claimed for AGI, or as an itemized deduction, or not at all.
All of these choices are correct.
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