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The Work-Related Expenses of an Independent Contractor Will Be Subject

question 125

True/False

The work-related expenses of an independent contractor will be subject to the 2%-of-AGI floor.


Definitions:

Fraud

is the intentional deception to secure unfair or unlawful gain, or to deprive a victim of a legal right.

Misrepresentation

The act of giving false or misleading statements that induce someone into a contract, which can be grounds for voiding the agreement.

Fraud in the Inducement

A deceitful practice intended to convince someone to enter into a contract or agreement under false pretenses.

Relied

The act of depending on or trusting in something or someone.

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