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Deductions for AGI may be locatedAnswers:on Schedule C as a deduction.on the front page of Form 1040.on Schedule E as a deduction.All of the above are true.
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Deductions for AGI may be locatedAnswers:on Schedule C as a deduction.on the front page of Form 1040.on Schedule E as a deduction.All of the above are true.

User Henkimon
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Answer:

The correct answer is letter "D": All of the above are true.

Step-by-step explanation:

Adjusted Gross Income or AGI is a term from the Internal Revenue Code that refers to a number used on the Form 1040 U.S. individual income tax return. It is used to determine a person's income taxes due. It actually subtracts all allowable deductions from that person's gross income. Those deductions can be located in both Schedule C and E of the IRS From 1040.

User Aladin Hdabe
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