Which of the Following Is a True Statement

question 10

Multiple Choice

Which of the following is a True statement?

• A) Unreimbursed employee business expenses are not deductible.
• B) Investment advisory expenses are not deductible.
• C) Business deductions are one of the most common deductions for AGI but they are not readily visible on the front of Form 1040.
• D) The distinction between business and investment expenses is critical for determining whether a deduction is claimed above the line (for AGI) or below the line (itemized).
• E) All of the choices are correct.

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