From the List Below Choose the Item That Is Not

question 52

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

---

Definitions:

Mound-Shaped

Description of a symmetric, bell-shaped distribution, often associated with the normal distribution.

Mean

A statistical measure that calculates the average value of a set of numbers by dividing the sum of all values by the number of values.

Median

The middle value in a dataset when it is ordered from smallest to largest, or the mean of the two middle numbers if there is an even number of values.

Sample Variance

A measure that quantifies the degree to which sample points in a dataset differ from the sample mean.