Final answer:
Expenses that are deductible FOR AGI include most expenses generated by business activities, investment activities, unreimbursed employee business expenses, and expenses generated by rental and royalty activities.
Step-by-step explanation:
The expenses that are deductible FOR AGI include:
a. Most expenses generated by business activities: These can include expenses such as salaries, rent, advertising, and office supplies.
b. Most expenses generated by investment activities: This can include expenses such as investment advisory fees or costs associated with managing investments.
c. Unreimbursed employee business expenses: These are expenses that an employee incurs while performing their job and are not reimbursed by their employer.
d. Expenses generated by rental and royalty activities: These are expenses related to the rental or licensing of property, such as maintenance costs or licensing fees.