TAX CH7 Itemized Deductions Flashcards
1
Q
Medical expenses
A
X
2
Q
Interest expense
A
Residence
Heloc
Investment interest
3
Q
Deductible taxes
A
State and local
State sales tax
Foreign income tax
Property tax
4
Q
Charity
A
C
5
Q
Casualty losses
A
C
6
Q
2% AGI limitation
A
Subjected to …