ColeenD3
Expert Alumni

Investors & landlords

Again, these are employee business expenses and just like the home office, they were disallowed for employees.

 

TCJA suspended all miscellaneous itemized deductions that are subject to the two-percent of adjusted gross income floor, including unreimbursed employee travel and moving expenses. This TCJA suspension applies to taxable years beginning after December 31, 2017, and before January 1, 2026