Which of the Following, If Any, Is a Deduction for AGI

question 9

Multiple Choice

Which of the following, if any, is a deduction for AGI?

• A)State and local sales taxes.
• B)Interest on home mortgage.
• C)Charitable contributions.
• D)Unreimbursed moving expenses of an employee (not in the military).
• E)None of these.

---

Definitions:

Market Return

The total return on investment, including capital gains and dividends, from investing in the stock market over a specific period.

CAPM Equation

The formula used in the Capital Asset Pricing Model that describes the relationship between the risk of an investment and its expected return.

Company

A legal entity formed by a group of individuals to engage in and operate a business—commercial or industrial—enterprise.

Expected Return

The anticipated gain or loss that an investor predicts from an investment over a period, based on historical averages or estimated models.