An employee's unreimbursed business expenses are treated as miscellaneous itemized deductions subject to a 2 percent of adjusted gross income floor.

Name: An employee's unreimbursed business expenses are treated as miscellaneous itemized deductions subject to a 2 percent of adjusted gross income floor.
Brand: Quizplus
Rating: 4.8 (37 reviews)

Question

Quizplus · Accepted Answer

According to the IRS, unreimbursed business expenses are considered miscellaneous itemized deductions and are subject to a 2 percent of adjusted gross income floor.

An Employee's Unreimbursed Business Expenses Are Treated as Miscellaneous Itemized