Which of the following types of itemized deductions are included in the category of miscellaneous expenses that are deductible only if the aggregate amount of such expenses exceeds 2% of the taxpayer's adjusted gross income?
A)unreimbursed employee business expenses
B)charitable contributions
C)medical expenses
D)home mortgage interest expense

Question

Quizplus · Accepted Answer

A)Unreimbursed employee business expenses,along with tax advisor and preparation fees and expenses for producing investment income,are subcategories of the miscellaneous expenses subject to the 2% of AGI floor.

Which of the Following Types of Itemized Deductions Are Included