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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.

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Hope it helps :)

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Which of the following was NOT a reason the early explorers began to make voyages?
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antiseptic1488 [7]

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Explanation:

7 0
3 years ago
Question 19 of 20 :
Sergeu [11.5K]
The answer
D
Explanation
It is what the answer said it is
It is the theory that knowledge comes primarily from the sensory experience
7 0
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1. Slavery was a major source of labor in the North<br>TRUE OR FALSE​
Ostrovityanka [42]

Answer:

False

Explanation:

It was more of a major source in the south

8 0
3 years ago
Read 2 more answers
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