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My post is in reference to Task-Based Simulation 4, page 579, 2014 Spring Edition, Wiley Regulation.
It says that for items 1 through 9, to select from the following list of tax treatments the appropriated tax treatment. The options are from letter A through G, but
Letter E reads:
Deductible in Schedule A–Itemized Deductions as miscellaneous deductions not subject to a threshold of 2% AGI.
Letter F reads:
Deductible on Schedule E–Supplemental Income and Loss
So, which one is right?
Deductible in versus Deductible on?
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- The topic ‘Wiley Book-Deductible in versus Deductible on–Module 35-Individual Taxation’ is closed to new replies.