Which of the Following Expenses Is Deductible,but Subject to the 2

question 7

Multiple Choice

Which of the following expenses is deductible,but subject to the 2% limitation on Form 1040,Schedule A,Job Expenses and Most Other Miscellaneous Itemized Deductions?

• A)A blue suit for an accountant.
• B)Appraisal fees on the sale of a personal residence.
• C)Uniforms for a UPS delivery person.
• D)The cost of hauling tools to work in the trunk of a car.

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Definitions:

X-axis

A horizontal line that typically represents independent variables or data points in a two-dimensional graph.

Positive Relationship

A correlation where an increase in one variable is associated with an increase in another variable.

Y-axis

The vertical axis in a coordinate plane, often used to represent values of a dependent variable in a graph.

X-axis

The horizontal axis in a graph or chart, on which values of one variable are plotted against the values of another (typically independent variable).