Which of the Following Is a True Statement

Multiple Choice

Which of the following is a true statement?

A) The deduction for interest on educational loans is subject to a phase-out limitation
B) The deduction for moving expenses is subject to a phase-out limitation
C) Self-employed taxpayers are allowed to deduct health care premiums even if the taxpayer is eligible to participate in an employer-provided health plan
D) Excess business losses are deductible up to $100,000
E) All of these choices are false.