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____ may be nailed or screwed on to the bottom of furniture, often the legs, to make it easy to move the furniture around without damaging the floor.
Itemized Deduction
Deductions from income that taxpayers can claim for specific expenses, as opposed to taking a standard deduction.
Home Equity Indebtedness
Debt secured by a qualified residence that exceeds the acquisition indebtedness, with interest on such debt often being deductible under U.S. tax law.
Acquisition Indebtedness
Debt incurred in acquiring, constructing, or substantially improving a qualified residence of the taxpayer, and secured by the residence.
Qualified Residence Interest
Interest paid on a mortgage for a primary or secondary residence, which can be deductible for taxpayers who itemize deductions.
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