Itemized deductions can include mortgage interest expense, state income tax expense, charitable contributions, and other employee expenses.

Name: Itemized deductions can include mortgage interest expense, state income tax expense, charitable contributions, and other employee expenses.
Brand: Quizplus
Rating: 4.8 (35 reviews)

Question

Quizplus · Accepted Answer

Itemized deductions allow taxpayers to deduct specific expenses from their taxable income, including mortgage interest, state income taxes, charitable contributions, and certain unreimbursed employee expenses.

Itemized Deductions Can Include Mortgage Interest Expense, State Income Tax