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

Question

Quizplus · Accepted Answer

Gambling losses that are deductible up to the amount of gambling winnings are not subject to the 2% adjusted gross income limitation.

Which of the Following Miscellaneous Itemized Deductions Are Not Subject