Question

In: Accounting

Which of the following is a from AGI deduction?


Which of the following is a from AGI deduction?

Multiple Choice

  • Contributions to qualified retirement accounts.

  • Rental and royalty expenses.

  • Business expenses for a self-employed taxpayer.

  • Home mortgage interest expense.

Solutions

Expert Solution

Home mortgage interest expense is a from AGI deduction.
Contributions to qualified retirement accounts, Rental and royalty expenses and business expenses for a self-employed taxpayer are for AGI deductions
Option D is correct

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