43. Which of the following items are excluded from taxable income. A. Life insurance proceeds B. Municipal bond interest. C. Return of capital D. All of the above E. None of the above 44. Which of the following items is a deduction before Adjusted Gross Income. A. Charitable contributions B. Medical expenses C. Real estate taxes on your personal home. D. Individual Retirement Accounts IRA E. Mortgage interest on your personal residence. 45. Which of the following items is never tax deductible. A. Speeding tickets going to a business meeting. B. Rent paid for a business office. C. Salary paid to employees. D. Health insurance premiums. E. All of the above