Section 212 addresses expenses for the production or, Ask an Expert

Accounting

Section 212 addresses expenses for the production or collection of income and tax return preparation fees. Which of the following is not a Section 212 deduction?

A)A fee paid to a CPA for preparing a tax return
B)Interest expense on a personal residence
C)Repair expense on a rental house
D)Safe deposit box rental used to store stock certificates

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9414292

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