Which of the following is a true statement? multiple choice
a. the deduction for interest on educational loans is subject to a phase-out limitation.
b. the deduction for moving expenses is subject to a phase-out limitation.
c. self-employed taxpayers are allowed to deduct health care premiums even if the taxpayer is eligible to participate in an employer-provided health plan.
d. excess business losses are deductible up to $100,000.
e. all of these choices are false.