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An Individual Taxpayer Incurs Expenses Connected with Her Work as an Independent

Question 3

Multiple Choice

An individual taxpayer incurs expenses connected with her work as an independent contractor and her rental real estate activities.Assuming all the expenses are ordinary,necessary and reasonable,they will be deductible


A) as deductions for AGI for the business expenses and as itemized deductions for the rental property expenses.
B) as deductions for AGI for the rental property expenses and as itemized deductions for the business expenses.
C) as deductions for AGI for both the business expenses and the rental property expenses.
D) as itemized deductions for both the business expenses and the rental property expenses.

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