Which of the Following Items Would Be an Itemized Deduction

question 23

Multiple Choice

Which of the following items would be an itemized deduction on Schedule A of Form 1040?

• A) Professional dues paid by an accountant (employed by Ford Motor Co.) to the National Association of Accountants.
• B) Gambling losses to the extent of gambling winnings.
• C) Job hunting costs.
• D) Subscription to the Wall Street Journal.
• E) None of the above.

---

Definitions:

Short-Term Memory

A temporary storage system for information in the brain, holding data for brief periods before it's either forgotten or transferred to long-term memory.

Long-Term Memory

The aspect of memory responsible for storing information over extended periods, from days to decades, including facts, experiences, and skills.

Retention

The act of keeping or holding something, such as the ability to remember information or maintain possession of employees within an organization.

Practice Problems

Exercises or questions designed to provide practical experience in solving specific types of problems, often used in educational settings to reinforce learning.