Q: Which of the following is deductible as a miscellaneous itemized deduction in 2020? a. Tax preparation fees b. Gambling losses in excess of gambling winnings
Which of the following is deductible as a miscellaneous itemized deduction in 2020?
a. Tax preparation fees
b. Gambling losses in excess of gambling winnings
c. Losses from Ponzi-type schemes
d. Job-hunting expenses subject to the 2 percent of AGI floor
e. None of the above are deductible as a miscellaneous itemized deduction.
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