TAX CH7 Itemized Deductions Flashcards

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1
Q

Medical expenses

A

X

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2
Q

Interest expense

A

Residence
Heloc
Investment interest

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3
Q

Deductible taxes

A

State and local
State sales tax
Foreign income tax
Property tax

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4
Q

Charity

A

C

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5
Q

Casualty losses

A

C

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6
Q

2% AGI limitation

A

Subjected to …

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