From the List Below Choose the Item That Is Not

question 40

Multiple Choice

From the list below choose the item that is not a permissible tax deduction.

• A) state, local, and real estate taxes
• B) home equity loan interest on debt up to $100,000
• C) auto, truck, or van loan interest
• D) interest on money borrowed to invest, within the IRS limits based on investment income
• E) unreimbursed job-related expenses and tax preparation costs within the IRS limits

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Definitions:

Viscous Magma

Magma that does not flow easily.

Abundant Silica

The presence of a high concentration of silicon dioxide in rocks or magma, which affects their viscosity and melting point.

Less Viscous

Refers to a substance's decreased resistance to flow, implying it moves more freely compared to more viscous materials.

Magma Volatile

Gases and other volatile substances that are dissolved in magma and can affect its viscosity and eruption style.