Which of the Following Is Not Deductible in 2018

question 42

Multiple Choice

Which of the following is not deductible in 2018?

• A)Moving expenses in excess of reimbursement.
• B)Tax return preparation fees of an individual.
• C)Expenses incurred associated with investments in stocks and bonds.
• D)Allowable hobby expenses in excess of hobby income.
• E)All of these.

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Definitions:

Subsurface Material

Refers to the layer of soil, rock, and other materials that lie beneath the surface of the Earth.

Groundwater

Water found below the surface of the earth, existing within spaces in soil and cracks within rock structures.

Sand and Gravel

Loose granular materials consisting of rock fragments. Sand particles are smaller than gravel particles.

Groundwater Flow

The movement of water through the pore spaces and fractures in underground soil and rock layers.