Which of the Following Can Be Deducted from Your Taxable

question 73

Multiple Choice

Which of the following can be deducted from your taxable income even if you do not itemize?

• A) Mortgage interest expense
• B) Real estate taxes
• C) State income taxes
• D) Student loan interest

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Definitions:

Housing

Structures and accommodations where people live, such as houses, apartments, and other residential buildings, considered in terms of quality, affordability, and availability.

American Society

The social structure, practices, and cultural norms of the people living in the United States.

Immigrants

Individuals who move from one country to another with the intention of settling permanently or for a long-term stay.

Civic Reformers

Individuals or groups who advocate for political and social improvements within a community or society.