Which of the following miscellaneous deductions are subject to the 2% of adjusted gross income limitation for 2018?
A. Safe deposit box fees.
B. Investment counsel and advisory fees.
C. Unreimbursed employee business expenses.
D. None of these.
Answer: D
You might also like to view...
The ending inventory balance represents
a. Expired costs and is reported on the balance sheet as an asset. b. The cost of goods sold during the current period and is reported on the balance sheet as an asset. c. Expired costs and is reported on the income statement as an expense d. Unexpired costs and is reported on the balance sheet as an asset.
Intentional breach of a contract carries a legal remedy, but it is also unethical
Indicate whether the statement is true or false
The Fair Debt Collection Practices Act defines the following practices as abusive, EXCEPT:
A) a non-lawyer bill collector representing himself as a lawyer. B) a creditor, using his own name, telephoning the debtor at 7 a.m. C) a debt collector telephoning the debtor at inconvenient hours. D) using obscene language.
Kyle, an employee at Hercules Corp., has shown great determination and strength under extremely challenging circumstances. His manager decides to send him and his family on a vacation on company expense to keep him going. Which of the following is being used by Kyle's manager as a way to influence Kyle?
A. Coercive power B. Reward power C. Connection power D. Legitimate power