Please do no cheat the previous answer, this was not correct, The Trump tax changes (i.e., the TCJA) allows deductions (either as a FOR or FROM AGI Deduction) for all of the following except: Multiple Choice All of these are allowed deductions under the TCJA Casualty losses on personal use assets in a Presidentially-Declared Disaster Area. Unreimbursed employee business expenses. Penalties for the early withdrawal of savings. Gambling losses
Please do no cheat the previous answer, this was not correct, The Trump tax changes (i.e., the TCJA) allows deductions (either as a FOR or FROM AGI Deduction) for all of the following except: Multiple Choice All of these are allowed deductions under the TCJA Casualty losses on personal use assets in a Presidentially-Declared Disaster Area. Unreimbursed employee business expenses. Penalties for the early withdrawal of savings. Gambling losses
SWFT Essntl Tax Individ/Bus Entities 2020
23rd Edition
ISBN:9780357391266
Author:Nellen
Publisher:Nellen
Chapter13: Corporations: Earning & Profits And Distributions
Section: Chapter Questions
Problem 36P
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Question
Please do no cheat the previous answer, this was not correct,
The Trump tax changes (i.e., the TCJA) allows deductions (either as a FOR or FROM AGI Deduction) for all of the following except:
Multiple Choice
-
All of these are allowed deductions under the TCJA
-
Casualty losses on personal use assets in a Presidentially-Declared Disaster Area.
-
Unreimbursed employee business expenses.
-
Penalties for the early withdrawal of savings.
-
Gambling losses
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