The Tax Cuts and Jobs Act suspends all miscellaneous itemized deductions that are subject to the 2% floor under present law. For which of the following itemized deductions does California tax law conform to the new Federal tax provisions for tax year 2019?A. Tax preparation expensesB. Unreimbursed business expensesC. Investment expensesD. Medical expenses

Respuesta :

Answer:

D. Medical expenses

Explanation:

The California tax law follows the new federal tax provision for the year 2018 for medical expenses. Only part of the medical expenses can be deducted which is allowed as per federal tax law, that is, 7.5% of the adjusted gross income.