select the correct answer. which of these items is a tax deduction? a. cash awards b. interest from bonds c…

select the correct answer. which of these items is a tax deduction? a. cash awards b. interest from bonds c. interest on a home mortgage

select the correct answer. which of these items is a tax deduction? a. cash awards b. interest from bonds c. interest on a home mortgage

Answer

Brief Explanations:

In tax - related matters, interest on a home mortgage is often a deductible expense. Cash awards are generally considered taxable income, and interest from bonds may be taxable depending on the type but is not a tax - deduction.

Answer:

C. interest on a home mortgage