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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

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 the estimated tax penalty

350

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

response should be 200 words or more

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