In the 2019 tax year, Michelle paid the following amounts relating to her 2017 tax return:

Tax deficiency

$5,000

Negligence penalty

1,000

Interest

500

Underpayment of estimated tax penalty

350

Which of the above items may be deducted on Michelles 2019 individual income tax return? Explain

As a reminder, your initial response should be 200 words or more