Which of the Following Taxes Is Deductible from Adjusted Gross

question 52

Multiple Choice

Which of the following taxes is deductible from adjusted gross income when paid by an individual taxpayer?
I.State income tax.
II.State excise tax on gasoline.
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• A)Only statement I is correct.
• B)Only statement II is correct.
• C)Both statements are correct.
• D)Neither statement is correct.

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Definitions:

Antiepileptic Drug

Medications used to prevent or control seizures associated with epilepsy and other conditions.

Gabapentin

A medication primarily used to treat partial seizures and neuropathic pain.

Sedation Rating Scale

A tool used in healthcare to assess the depth of sedation in patients, ensuring safety and comfort during procedures that require sedation.

Naloxone

A medication primarily used to counteract opioid overdoses, quickly restoring normal respiration to a person whose breathing has slowed or stopped.