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Taxpayer is a self-employed certified medical doctor. Please match the proper tax treatment below with each of the following deductions. A. Not deductible B. Deductible
Taxpayer is a self-employed certified medical doctor. Please match the proper tax treatment below with each of the following deductions.
- A. Not deductible
- B. Deductible for AGI
- C. Deductible from AGI
selectABC | 1. Taxpayer paid $8,200 of interest on the mortgage of her personal residence. |
selectABC | 2. Taxpayer paid expenses of $2,400 applicable to a rental property that she owned and leased. |
selectABC | 3. Taxpayer paid real estate taxes of $1,300 on her father's personal residence. |
selectABC | 4. Taxpayer paid $500 to attend a continuing professional education seminar. |
selectABC | 5. Taxpayer inherited property from her deceased uncle and paid a state inheritance tax of $800. |
selectABC | 6. Taxpayer paid $83 of finance charges on personal charge cards. |
selectABC | 7. Taxpayer contributed $200 to a national political party. |
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