Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What Sort of Deductions are Included in Miscellaneous Itemized Deductions?

0
Posted

What Sort of Deductions are Included in Miscellaneous Itemized Deductions?

0

Certain employee expenses, income production expenses, and other expenses are considered miscellaneous itemized tax deductions. There is usually a 2% limit on the deductions. Thus, you can deduct the amount left after subtracting 2% of your adjusted gross income from the total. Examples include union dues, employee home office expenses, and work clothes and uniforms.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123