subject
Mathematics, 28.09.2019 16:10 lcar61

Mr. and mrs. khan paid interest on their mortgage this year. they also had deductible home related expenses. the interest and expenses total an amount greater than the standard deduction. which action can they take to reduce their income tax liability?

a) they can use the interest expense as a credit to reduce the tax they owe.

b) they can itemize deductions and deduct the interest expense.

c) they can request a reimbursement of the interest expense from the irs.

d) they can add the interest expense to the taxable income.

e) they can reduce their mortgage payment next year by the amount of interest they paid.

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 16:30
Triangle inequality theorem state if each set of three numbers can be the lengths of the sides of a triangle. 1. 9, 8, 22. 2. 5,10,12. 3. 7,10,22. 4. 4,11,12. 5. 11,9,10. 6. 10,4,19. 7. 3,12,10. 8. 4,3,2. 9. 6,5,13. 10. 7,12,20. me .
Answers: 3
question
Mathematics, 21.06.2019 17:30
Arefrigeration system at your company uses temperature sensors fixed to read celsius (°c) values, but the system operators in your control room understand only the fahrenheit scale. you have been asked to make a fahrenheit (°f) label for the high temperature alarm, which is set to ring whenever the system temperature rises above –10°c. what fahrenheit value should you write on the label
Answers: 1
question
Mathematics, 21.06.2019 18:00
Need on this geometry question. explain how you did it.
Answers: 2
question
Mathematics, 21.06.2019 20:00
What is the total area of the figure?
Answers: 1
You know the right answer?
Mr. and mrs. khan paid interest on their mortgage this year. they also had deductible home related e...
Questions
question
Mathematics, 10.03.2021 16:30
question
Social Studies, 10.03.2021 16:30
question
Mathematics, 10.03.2021 16:30
question
Mathematics, 10.03.2021 16:30
question
Mathematics, 10.03.2021 16:30
Questions on the website: 13722362