Question

Which of the following is not a deduction for AGI? a.Alimony paid for a divorce finalized...

Which of the following is not a deduction for AGI?

a.Alimony paid for a divorce finalized in 2018.

b.Business rent on a self-employed business.

c.Property taxes paid on your primary residence.

d.One half of self-employment tax.

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Answer #1

Answer : option ( C )

Explanation :

Choice “c” is correct. Property taxes paid on your primary residence is an itemized deduction,which is a deductionfromAGI.

Choice“a” is incorrect. Alimony paid is an adjustment, which is a deductionforAGI.

Choice“b” is incorrect. Business rent on a self-employed business is deductible on Schedule C.This is before the calculation of AGI.

Choice“d” is incorrect. One half of self-employment tax is an adjustment, which is a deductionforAGI.

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