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
Which is an example of a conservative view of government?
Solnce55 [7]

Answer:

I'm going to assume you mean "conservative view of government" in modern American politics.  If so, the best answer would be:

<h2>A) The government should protect individuals' freedoms.</h2>

In American political life, "conservatism" means wanting to conserve and preserve the ideals of the founding fathers of the country.  So a primary concern is the protection of the "inalienable rights" of citizens (to quote a phrase from the Declaration of Independence).

Further explanation:

Be aware that the term "conservative" has meant different things at different times in history.  In 19th century Europe, "conservative" and "liberal" were first coming into vogue as terms for political viewpoints. What "conservative" and "liberal" meant then was different from what those terms mean in politics today.  19th century conservatives wanted to conserve and preserve the historic traditions of government and society. For societies like France and elsewhere on the continent of Europe, that meant going back to monarchs in control of government, as things had been before the French Revolution. Liberals were those who favored liberty for individuals, with greater rights and freedoms.

America was founded on the ideas and ideals of 18th and century movements that leaned in the direction of liberalism -- or the promotion of individual liberties.  So in America's context today, being "conservative" tends to mean preserving those libertarian roots from the time of our country's founding.

5 0
3 years ago
Which sentence is the best example of a thesis statement for a literary analysis of Romeo and Juliet? A. In Romeo and Juliet, Wi
Agata [3.3K]

Answer:

B

Explanation:

The others explain the plot, not the literary analysis.

3 0
3 years ago
What were two beneficial effects of Jethro Tull's seed drill?
Yuki888 [10]

Answer: He developed the horse-drawn seed drill in 1700. It economically sowed the seeds in neatly drawn rows. He also developed a horse-drawn. Jethro Tull's ways were also adopted by many great landowners and agriculturists and it helped them to create the basis for new agriculture types.

Explanation:

5 0
3 years ago
What were the differences between the tariff and income tax?
aliya0001 [1]
Income tax is how much you income on that respective you have to pay taxes.The more you income the more you have to pay on the other hand tariff basically based on export and import tax that u have to pay.suppose toyota company  exports their cars all over the world then they should be pay a certain amount of money to exports their cars .so hopefully u get some difference between those two.
4 0
3 years ago
Which of the following modern movements created new types of jobs for workers and made it easier for factories to produce large
mel-nik [20]
D. Industrial revolution
4 0
3 years ago
Other questions:
  • What are the four bodies of water which surround north america?
    14·1 answer
  • What was the effect on England of the defeat of the Spanish armada
    12·2 answers
  • Why might explain christianity be a predominance throughout europe, the americas, and africa?
    9·1 answer
  • The rule of law ensures which of the following?
    12·1 answer
  • What French scholar spread Protestantism to Switzerland? A. Henry VIII B. John Calvin C. Martin Luther D. Leo X
    6·2 answers
  • Which of these were included in the stage setup in both public and private Elizabethan theatres?
    10·1 answer
  • How did the explosion of the U.S.S. Maine affect U.S. involvement in Cuba
    10·1 answer
  • 20. What event brought the United States into the Vietnam War?
    7·1 answer
  • What are town meetings and how are they used in society today? Please in own words
    7·2 answers
  • How was Sectionalism in the Early Republic like?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!