Linda paid the following expenses in 2019 relating to her home: realty taxes, $4,000; mortgage...
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Linda paid the following expenses in 2019 relating to her home: realty taxes, $4,000; mortgage interest, $7,000; casualty insurance, $390. Linda does not rent out any portion of her home. The casualty insurance premium of $390 is
| Allowed as an itemized deduction subject to the $100 floor and the 10%-of-adjusted-gross-income floor. | |
| B. | Deductible in arriving at adjusted gross income. |
| C. | Not deductible. |
| D. | Allowed as an itemized deduction subject to 2 percent floor |
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