When contributing to an IRA, what is the maximum amount a person under the age of 50 can contribute per tax year, assuming the individual's income is $45,000?

Which of the following items cannot be itemized?

What is the purpose of form 7004?

Steve wants to claim his son as a dependent on his tax return. His son, Mark, is 21 years old and attends a community college full-time. Can Steve claim his son as a dependent? If so, until what age can Steve continue to claim his son?

Depreciation for tax purposes is:

Which expenditure will you be able to use to reduce the amount that you reports as adjusted gross income (AGI)?

Which of of the following is allowable itemized deduction?

Home Office Deduction on Schedule C is allowed:

Which expense can be deducted on real estate held as an investment, but not on real estate held as a primary residence?

Gain on a 1031 exchange is recognized to the extent of boot.