1.The United States taxes its citizens and residents only their US source income.

True or False

2.The statutory authority of the Internal Revenue Code may be overridden by tax treaties.

True or False

3.For 2017, individuals could deduct itemized payments for all but which of these taxes?

Multiple Choice

a.State, local, and foreign income taxes

b.Real estate taxes on property held for personal or investment purposes.

c.Personal property taxes that are assessed on the value of the specific property.

d. State and local sales taxes in all states that levy such taxes