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 these.

Question

Quizplus · Accepted Answer

None of the options listed are deductible in 2018. Moving expenses in excess of reimbursement, tax return preparation fees, investment expenses, and hobby expenses are no longer deductible due to changes in tax legislation.

Which of the Following Is Not Deductible in 2018