Multiple Choice
Which of the following is not deductible as an itemized deduction?
A) Interest on a $300,000 mortgage used to purchase a principal residence.
B) Expenses for moving household goods.
C) A $1,000 contribution to the Heart Association by a taxpayer with $50,000 of AGI.
D) Property taxes on land held for investment in North Carolina by a California resident.
E) A personal casualty loss exceeding 10 percent of the taxpayer's AGI plus $100.
Correct Answer:

Verified
Correct Answer:
Verified
Q8: Which of the following expenses are deductible
Q9: During 2011,Geraldine,a salaried taxpayer,paid the following taxes
Q10: Hortense had adjusted gross income in 2011
Q11: Janet and Andrew paid the following amounts
Q13: Which of the following is not deductible
Q14: Which of the following miscellaneous itemized deductions
Q15: Joyce had adjusted gross income of $28,000
Q16: During 2011,Mary,a single taxpayer,had $3,750 of interest
Q17: Please choose the true statement.<br>A)A charitable contribution
Q18: A difference between a Section 529 Plan