Designate by an R Is an Item Is a Deduction

question 68

Short Answer

Designate by an R is an item is a deduction FOR AGI or an M is an item is a deduction FROM AGI.
-Alimony paid (divorce agreement executed in 2017)
b. Standard deduction
c. Health savings account contribution
d. IRA contribution
e. Charitable contribution
f. Personal property taxes
g. Self-employed health insurance deduction
h. Student loan interest
i. Investment interest expense
j. State income taxes paid
k. Penalty on early withdrawal of savings
l. Costs for prescription drugs and insulin
m. Mortgage interest expense
n. Educator expenses (classroom supplies for elementary school teacher)
o. Employee portion of health insurance premium

---

Definitions:

Demographic Factor

A characteristic used to classify populations for statistical purposes, such as age, race, gender, income, education, and employment.

Expanded The Franchise

This term refers to actions taken to widen voting rights to more members of society, often involving the removal of restrictions based on race, gender, or economic status.

Voter Turnout

The proportion of qualified electors who participate in an election by voting, reflecting public engagement in the electoral system.

Other Democracies

Other countries across the world that practice democracy, where governance is based on the principle of elected officials representing the people.