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Which of the Following Is Correct

Question 57

Multiple Choice

Which of the following is correct?


A) A personal casualty loss is classified as a deduction from AGI.
B) Real estate taxes on a taxpayer's personal residence are classified as deductions from AGI.
C) An expense associated with rental property is classified as a deduction for AGI.
D) Only a. and b. are correct.
E) a., b., and c., are correct.

Correct Answer:

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