A Nondeductible Floor of 2% of AGI Is Imposed on Unreimbursed

question 63

True/False

A nondeductible floor of 2% of AGI is imposed on unreimbursed employee business expenses,investment expenses,and many other miscellaneous itemized deductions such as tax preparation fees.

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A unit of digital information that most commonly consists of eight bits, representing a single character of data in most computer systems.

Word

A unit of data of a standard size, typically a fixed number of bits or bytes, depending on the architecture of the computer system.

Data

Information or details that are collected and used for reference, analysis, or computing.

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