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need help with this question. It concerns 2015 Federal income Tax. Which of the

ID: 2483625 • Letter: N

Question

need help with this question. It concerns 2015 Federal income Tax.

Which of the following expenditures are not deductible? Expenses incurred for the management, conservation, or maintenance of property held for the production of income. Expenses incurred for the management, conservation, or maintenance of a personal residence Expenses incurred for the production or collection of income. Expenses incurred in connection with the determination, collection, or refund of any tax. Moving to another question will save this response.

Explanation / Answer

Expenses incurred for the management, conservation or maintenance of a personal residence.

Home repairs are not part of deductible expenses.