In: Accounting
Which of the following may not be included at all as an itemized deduction on a tax return?
Group of answer choices
Charitable contributions
Investment interest expense
Home mortgage interest
Credit card interest
Answer is Credit card interest
The first 3 items listed –Charitable contribution, Investment interest expense and home mortgage interest are available as itemized deduction in filing the returns with IRS. Credit card interest is not eligible for itemizing deduction. So Answer is Credit card interest.