Shannon is working on her federal income tax form and wants to determine if she should itemize her deductions.She has identified several possible deductions.Which of the following is an acceptable deduction?
A) $10,000 gift to her cousin
B) Credit card interest
C) Medical and dental expenses less than 7.5% of AGI
D) Miscellaneous expenses in excess of 2% of AGI
E) Moving expenses for a new job that is 25 miles from her old home
Correct Answer:
Verified
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