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Fundamental tax 2012

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trade or business expense are treated as:
a. deductible only if the activity had substantal income
b. an itemized deduction if not reimbursed
c deductible as itemized deductions subject to the 2% AGI
d. deductible as for AGI deduction

  • Fundamental tax 2012 -

    Probably (b), but you should double-check with whatever you're using for a textbook or study materials.

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