Ron is a university professor who accepts a visiting position at another university for six months and obtains a leave of absence from his current employer.Ron rents an apartment near the university and purchases his food.These living expenses incurred by Ron while visiting the university will be
A)deductible for AGI.
B)deductible from AGI,without application of a floor.
C)deductible from AGI,subject to the 2% of AGI floor.
D)nondeductible.

Question

Quizplus · Accepted Answer

C)Ron has accepted a temporary assignment of one year or less so the living expenses are deductible.He is an employee so the deductible expenses will be subject to the 2% of AGI floor.

Ron Is a University Professor Who Accepts a Visiting Position