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Are Any of the Following Items Deductible on an Individual's

Question 103

Essay

Are any of the following items deductible on an individual's income tax return? If so, would the item be deductible "for" or "from" AGI? Explain each item.
(a.) Loss on sale of car used for personal purposes
(b.) Payment of a speeding fine relating to personal activity (c.) Uninsured storm damage on personal residence

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(a ) Loss on sale of personal car is not...

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