Legal Dictionary of Pakistan

miscellaneous itemized deduction

Generally, an itemized deduction of job or investment expenses; a deduction other than those allowable in computing adjusted gross income. those enumerated in 1RC; (2R USC,A) § 67(b), and personal exemptions. a This type of deduction is allowed only to an itemizing taxpayer whose total miscellaneous itemized deductions exceed a statutory percentage of adjusted gross income.