Which of the following costs are potentially deductible on Form 1040,Schedule A as taxes for 2017? 1.Property tax on principal residence.
2)Garbage pickup itemized on the real estate bill.
3)Real estate tax on property owned as an investment.
4)Sales tax paid on the purchase of a personal car.
A)None of the items.
B)2 and 4.
C)1,3,& 4.
D)All of the items.

Question

Quizplus · Accepted Answer

1. Property tax on principal residence is deductible on Schedule A as taxes. 
2. Garbage pickup itemized on the real estate bill may be deductible as a part of property taxes. 
3. Real estate tax on property owned as an investment is also deductible on Schedule A as taxes. 
4. Sales tax paid on the purchase of a personal car may be deductible, but only if you elected to deduct sales tax in lieu of income tax on Schedule A.

Which of the Following Costs Are Potentially Deductible on Form