Nina includes the following expenses in her miscellaneous itemized deductions before application of the 2% of AGI floor: Nina's AGI is $100,000.How much of the above-noted expenses will reduce her net investment income?
A)$4,000
B)$5,500
C)$3,000
D)$3,500

Question

Nina includes the following expenses in her miscellaneous itemized deductions before application of the 2% of AGI floor:  Nina's AGI is $100,000.How much of the above-noted expenses will reduce her net investment income?
A)$4,000 
B)$5,500 
C)$3,000 
D)$3,500

Quizplus · Accepted Answer

The Answer of Nina includes the following expenses in her miscellaneous itemized deductions before application of the 2% of AGI floor:  Nina's AGI is $100,000.How much of the above-noted expenses will reduce her net investment income?
A)$4,000 
B)$5,500 
C)$3,000 
D)$3,500

Nina Includes the Following Expenses in Her Miscellaneous Itemized Deductions