Deductions or Adjustments Flashcards

1
Q

Educator Expenses

A

Adjustment

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Medical Expenses

A

Itemized Deduction

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

State Local and Foreign Taxes

A

Itemized Deduction

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

IRA

A

Adjustment

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Interest Expense

A

Itemized Deduction

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Student Loan Interest Expenses

A

Adjustment

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Tuition & Fee Deduction

A

Adjustment

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Charitable Contributions

A

Itemized Deduction

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Casualty and Theft Losses

A

Itemized Deduction

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Health Savings Account

A

Adjustment

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Educational Expenses

A

Itemized Deduction (2% of AGI Test)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Moving Expenses

A

Adjustment

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

One-Half Self-Employment FICA

A

Adjustment

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Self Employed Health Insurance

A

Adjustment

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Unreimbursed Business Expenses

A

Itemized Deduction (2% of AGI Test)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Self Employed Retirement

A

Adjustment

17
Q

Uniforms

A

Itemized Deduction (2% of AGI Test)

18
Q

Business Gifts

A

Itemized Deduction (2% of AGI Test)

19
Q

Interest Withdrawal Penalty

A

Adjustment

20
Q

Gambling Losses

A

Itemized Deduction (no 2% of AGI Test)

21
Q

Alimony Paid

A

Adjustment

22
Q

Attorney Fees Paid in Certain Discrimination and Whistle-Blower Cases

A

Adjustment

23
Q

Expenses of Investors – Safe Deposit Box and Investment Advice

A

Itemized Deduction (2% of AGI Test)

24
Q

Domestic Production Activities Deduction

A

Adjustment

25
Q

Subscriptions to Professional Journals

A

Itemized Deduction (2% of AGI Test)

26
Q

Tax Preparation Fee

A

Itemized Deduction (2% of AGI Test)

27
Q

Debit Card Convenience Fees Incurred to Pay Income Tax

A

Itemized Deduction (2% of AGI Test)