On which of the following is there a tax incentive in the United States?
(i) health insurance purchased through employers
(ii) your mortgage
(iii) rental value on owner-occupied housing
(iv) contributions toward your retirement account

Question

Quizplus · Accepted Answer

In the United States, there are tax incentives for all the listed items: (i) health insurance premiums paid through employers are often made with pre-tax dollars, reducing taxable income; (ii) mortgage interest can be deducted on your tax return; (iii) while not directly taxed, the imputed rental value of owner-occupied housing is not considered taxable income, which acts as an indirect incentive; and (iv) contributions to certain retirement accounts are tax-deductible or grow tax-free until withdrawal.

On Which of the Following Is There a Tax Incentive