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Gnoma [55]
3 years ago
14

Which of the following is a true statement?A. The deduction for interest on educational loans is subject to a phase-out limitati

on.B. The deduction for moving expenses is subject to a phase-out limitation.C. Self-employed taxpayers are allowed to deduct health care premiums even if the taxpayer is eligible to participate in an employer-provided health plan.D. Taxpayers are not allowed to receive a moving allowance from their employers.E. All of the above are false.
Social Studies
1 answer:
Debora [2.8K]3 years ago
5 0

Answer:

B

Explanation:

The deduction for moving expenses is subject to a phase-out limitation

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Those with power make rules that will make the poor suffer while they only benefits from those rules.

They powerful and wealthy are only looking out for their own best interest.

Those who possess wealth are able to even influence the lawmaking process and twist it in their own favor.

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