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Select the best answer. Under the tax cuts and Jobs Act of 2017 which of the following are true? The individual deduction for state and
Select the best answer. Under the tax cuts and Jobs Act of 2017 which of the following are true? The individual deduction for state and local taxes (SALT) paid for income, sales, and property is limited in the aggregate to $10,000 (married, single, and head of household filers) The deduction for personal and dependency exemptions was repealed. All of these are true Miscellaneous 2% AGI deductions are no longer deductible Individuals are allowed an itemized deduction for interest on a principal residence valued up to $750,000 for new debt incurred after 2017
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