Which of the Following Is Not a Legitimate Itemized Deduction

question 68

Multiple Choice

Which of the following is not a legitimate itemized deduction?

• A) Mortgage interest expense
• B) Real estate tax
• C) Interest paid on credit cards
• D) State income tax

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Definitions:

U.S. Dollars

The legal currency of the United States, widely used as a standard of value and medium of exchange internationally.

Increased Demand

A situation where the quantity of a product or service that consumers are willing and able to buy at a given price rises.

European Union

A political and economic union of 27 member states located primarily in Europe, aiming to facilitate free movement of goods, services, and people.

U.S. Products

Goods and services that are produced, manufactured, or assembled within the United States.