An acceptable method of reducing your taxable income would be
A)selling bonds to purchase stocks to change income from interest to dividends.
B)deducting gasoline expenses incurred while driving back and forth to your office from home.
C)deducting the cost of investment advice you never received.
D)deducting life insurance premiums as an investment expense.

Question

Quizplus · Accepted Answer

Selling bonds to purchase stocks can change the type of income you receive, potentially reducing taxable income if dividends are taxed at a lower rate than interest.

An Acceptable Method of Reducing Your Taxable Income Would Be