Which of the Following Is a True Statement

question 100

Multiple Choice

Which of the following is a true statement?

• A) Traveling from a personal residence to a place of business is deducted for AGI as a moving expense.
• B) Traveling from a personal residence to a place of business is a miscellaneous itemized deduction subject to the 2 percent of AGI limitation.
• C) The standard mileage rate can be used to calculate the deduction for traveling from a personal residence to a place of business.
• D) Traveling from a personal residence to a place of business is deductible if reimbursed by an employer.
• E) Traveling from a personal residence to a place of business is nondeductible.

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