Which of the following miscellaneous itemized deductions are not subject to the 2% adjusted gross income limitation?
A)Investment publications expense.
B)Tax preparation fees.
C)Gambling losses.
D)Job-hunting expenses.

Question

Quizplus · Accepted Answer

Gambling losses are not subject to the 2% adjusted gross income limitation. Investment publications expense, tax preparation fees, and job-hunting expenses are subject to the 2% adjusted gross income limitation.

Which of the Following Miscellaneous Itemized Deductions Are Not Subject