Lana,an employee of Compton University,paid $1,500 for professional journal subscriptions and $1,000 of membership dues to academic organizations.These unreimbursed employment-related expenses are Lana's only miscellaneous itemized deduction.Which of the following statements is false?

Question

Quizplus · Accepted Answer

Under the Tax Cuts and Jobs Act, miscellaneous itemized deductions subject to the 2% AGI floor, including unreimbursed employee expenses, are not deductible for tax years 2018 through 2025. Therefore, all the statements are false as none of the expenses are deductible regardless of AGI.

Lana,an Employee of Compton University,paid $1,500 for Professional Journal Subscriptions