What are deductions? O A. The portion of a capital loss that you can deduct from taxable capital gains OB. The portion of a capital gain that is included in total income and therefore subject to income tax OC. Income received from corporations in the form of dividends paid on stock or on mutual funds that hold stock, OD. An expense that can be deducted from total income to determine taxable income The more deductions you have the less tax you will have to pay. The most common deductions include O A. contributions to a RPP OB real estate income deductions. C. food & household expenses OD. contributions to an HST