1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
vichka [17]
3 years ago
5

Which investment option is eligible for tax deductions for calculating the net taxable income? A. lottery winnings B. alimony re

ceived C. mortgage interest payments D. interest on retirement plans E. income from dividends Reset Next
History
2 answers:
Xelga [282]3 years ago
5 0

The correct answer would be:

D.) Interest on retirement plans.

Anastaziya [24]3 years ago
3 0

The correct answer is C) mortgage interest payments.

<em>The investment option that is eligible for tax deductions for calculating the net taxable income is mortgage interest payments.</em>

The taxable income is used to calculate how much tax you need to pay regarding your income in a year. You need to pay your taxes for wage, investments, and salaries.

The government of the United States through the IRS office allow citizens to claim an itemized deduction such as interest paid on mortgages. This mortgage is the loan that helps people to buy a house. By its nature and purpose is a long-term loan. So the investment option that is eligible for tax deductions for calculating the net taxable income is mortgage interest payments.

You might be interested in
Organized crime increased drastically during the 1920s. this increase was mostly related to which illegal activity?
Nostrana [21]
It was mostly related to prohibition of alcohol, people made their booze and sold them. these people were called bootleggers  
8 0
3 years ago
Read 2 more answers
List 3-5 facts and key details from this passage <br><br> *MUST HAVE FULL SENTENCES*
miskamm [114]

hey i hope this is good enough :)

Answer:

European countries established colonies throughout the world, mostly in America and Africa, from the 1400s up till the early 1900s. After WWI and WWII, international boundaries changed. They mainly focused on balancing power. After WWI, the country fell under the power of the Soviet Union. Once the Soviet Union took over, conflicts emerged between the people living in the state.

4 0
2 years ago
What were the ramifications of King Philips War for the regions Native tribes?
Afina-wow [57]

Answer:

Thousands of Indians were killed, wounded, or captured and sold into slavery or indentured servitude. Many tribes big and small were decimated.

6 0
2 years ago
What event prompted the Gulf of Tonkin Resolution?
lana66690 [7]

Answer:

North Vietnam attacked a US warship

Explanation:

8 0
3 years ago
To what extent does the burr controversy illustrate the impact of territorial expansion to what extent does it illustrate confli
olga55 [171]

Answer:

They wanted to expand the slave states in the US. The conspiracy wanted to dominate the whole Southwestern part of the United States. However, the conspirators were not able to do so because they were arrested by Thomas Jefferson before the conspiracy would widen.

6 0
3 years ago
Other questions:
  • In the late 1800s, farmers across the nation organized to demand
    6·1 answer
  • Which event was the MAIN cause of South Carolina's secession from the United States in 1860? A) the Missouri Compromise B) the K
    15·1 answer
  • Which technology permitted homesteaders in the west to plant crops in the prairie in the 1860s and 1870s?
    7·1 answer
  • The overall cost of producing goods and services usually decreases per unit as the quantity of units made increases. Which term
    13·2 answers
  • Who were the leaders of Athens and Persia in the first Persian war?
    12·1 answer
  • The most profitable industry in Georgia is agriculture. transportation. education. government.
    10·1 answer
  • What physical feature shown here influenced the Incan civilization? the Amazon Basin the Andes Mountains the Brazilian Highlands
    8·1 answer
  • Why did Martin Luther king Jr. get involved in the Civil<br> Rights movement?
    7·1 answer
  • Abraham Lincoln was born rich<br> A. rich<br> B. poor<br> C. middle income<br> D. with five arms
    14·2 answers
  • What role did the prophets play in the downfall of Judah?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!