An Expense That Would Be Included in the Itemized Deductions

question 12

Multiple Choice

An expense that would be included in the itemized deductions of a taxpayer is:

• A) personal postage expenses.
• B) life insurance premiums.
• C) real estate property taxes.
• D) a driver's license fee.
• E) annual interest paid on credit cards.

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Definitions:

Congress

The legislative branch of the United States government, divided into the Senate and the House of Representatives.

Federal Troops

Military forces operated and maintained by the federal government of a country.

Constitutional

Relating to the governing laws and principles that define the structure, roles, and powers of a government, typically outlined in a written constitution.

State Government

The governing authority of a state within a country, responsible for implementing local laws, policies, and managing public services and resources.