Which of the following is not deductible in 2018?
A) Moving expenses in excess of reimbursement.
B) Tax return preparation fees of an individual.
C) Expenses incurred associated with investments in stocks and bonds.
D) Allowable hobby expenses in excess of hobby income.
E) All of the above.

Question

Quizplus · Accepted Answer

Starting in 2018, moving expenses are only deductible for members of the Armed Forces on active duty who move pursuant to a military order, and tax return preparation fees are no longer deductible for individuals. Additionally, miscellaneous itemized deductions such as expenses incurred for investments in stocks and bonds and allowable hobby expenses are no longer deductible. Therefore, all of the above options are not deductible in 2018.

Which of the Following Is Not Deductible in 2018