Question

Which of the following is a miscellaneous itemized deduction that is not subject to the 2 percent of AGI floor?

1) Medical expenses
2) Charitable contributions
3) Job-related expenses
4) State and local taxes

Answer 1

The miscellaneous itemized deduction that is not subject to the 2 percent of AGI floor is 2) Charitable contributions.

Step-by-step explanation:

Charitable contributions are the miscellaneous itemized deduction that is not subject to the 2 percent of AGI floor.

This means that charitable contributions can be deducted in full, without having to meet the 2 percent of AGI (Adjusted Gross Income) threshold. This is different from other miscellaneous itemized deductions such as medical expenses, job-related expenses, and state and local taxes, which are subject to the 2 percent of AGI floor.