Which of the following itemized deductions is not subject to the itemized deduction phase-out?
A) gambling losses
B) mortgage interest
C) state income tax
D) charitable contributions
E) All of these are subject to the itemized deduction phase-out.

Question

Quizplus · Accepted Answer

Gambling losses are not subject to the itemized deduction phase-out. However, it is important to note that they are still subject to certain limitations and requirements under the tax code.

Which of the Following Itemized Deductions Is Not Subject to the Itemized