Fees for tax preparation are included in miscellaneous

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Reference no: EM131284720

Which of the following is a true statement?

Fees for tax preparation are included in miscellaneous itemized deductions subject to the 2 percent of AGI limitation.

Reimbursed employee business expenses are included in miscellaneous itemized deductions subject to the 2 percent of AGI limitation unless the employer's reimbursement plan qualifies as an accountable plan.

Fees for investment advice are included in miscellaneous itemized deductions subject to the 2 percent of AGI limitation.

Unreimbursed employee business expenses are included in miscellaneous itemized deductions subject to the 2 percent of AGI limitation.

All of the above are true.

Reference no: EM131284720

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