Which of the following is tax deductible if one itemizes deductions?
A)Principal, interest, property taxes, and homeowner's insurance
B)Principal, interest, and property taxes
C)Principal and interest
D)Interest, property taxes, and homeowner's insurance
E)Interest and property taxes

Question

Quizplus · Accepted Answer

Interest and property taxes are tax deductible when itemizing deductions. Principal and homeowner's insurance are not deductible.

Which of the Following Is Tax Deductible If One Itemizes