Which of the following is a deduction for AGI (itemized deduction)?
A)Contribution to a traditional IRA.
B)Roof repairs to a personal use home.
C)Safe deposit box rental fee in which stock certificates are stored.
D)Property tax on personal residence.
E)All of the above.

Question

Quizplus · Accepted Answer

Contribution to a traditional IRA is a deduction for AGI because it is deducted from gross income before calculating AGI.

Answer: D 
 Property tax on personal residence is a deduction for AGI because it is deducted from gross income before calculating AGI.

Therefore, the best choice is E (All of the above).

Which of the Following Is a Deduction for AGI (Itemized