Select which term describes each of the following items or parts of the tax return.

1. Inherited money or property received

2. Capital gains

3. Contributions to qualified personal retirement accounts (IRAs)

4. An amount that changes if you are over 65 years of age

5. State and local taxes

These are the options provided

1. Tax- exempt income

Capital gains

Tax credit

Deduction

2. Part of total Income

Part of adjustments to gross income

Included in tax credits

Included in deductions

3. Adjustments to gross income

Included in tax credits

Included in tax liability

Included in tax deductions

4. Standard deduction

Itemized deductions

Tax credits

Adjustments to gross income

5. Included in itemized deductions

Included in tax refund

Included in tax credits

Used to calculate adjusted gross income.