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Which of the Following Is True Regarding Miscellaneous Itemized Deductions

Question 1

Multiple Choice

Which of the following is true regarding miscellaneous itemized deductions?


A) Other investment expenses and tax return preparation fees are included in the miscellaneous category.
B) For 2018 - 2025 no deduction is allowed.
C) Prior to 2018, miscellaneous itemized deductions were only deductible if the total expenses in this category exceed 2% of the taxpayer's AGI.
D) All of the above are true.
E) All of the above are false.

Correct Answer:

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