Question

Which of the following taxes will not qualify as an itemized deduction?

A. personal property taxes assessed on the value of specific property.

B. state, local, and foreign income taxes.

C. real estate taxes on a residence.

D. gasoline taxes on personal travel.

E. None of these qualifies as an itemized deduction.

Answer 1

Gasoline taxes on personal travel do not qualify as an itemized deduction on the federal tax return.

Step-by-step explanation:

The tax that will not qualify as an itemized deduction is D. gasoline taxes on personal travel.

Itemized deductions are deductions that can be claimed on Schedule A of the federal tax return instead of taking the standard deduction. They include deductions for expenses such as state and local income taxes, real estate taxes, personal property taxes assessed on the value of specific property, and mortgage interest. However, gasoline taxes on personal travel do not qualify as an itemized deduction.