The itemized deduction for taxes includes all types of state, local, and foreign taxes.

Name: The itemized deduction for taxes includes all types of state, local, and foreign taxes.
Brand: Quizplus
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Quizplus · Accepted Answer

The itemized deduction for taxes is limited to state and local taxes, and does not include all types of foreign taxes. It primarily includes state and local income taxes or sales taxes, and property taxes, but there are limitations and not all foreign taxes are deductible under this category.

The Itemized Deduction for Taxes Includes All Types of State