select the correct answer. which is least likely to be eligible for tax deductions? a. tax credits b…

select the correct answer. which is least likely to be eligible for tax deductions? a. tax credits b. municipal bonds c. donations to charitable organizations d. investment in retirement plans e. income from dividends

select the correct answer. which is least likely to be eligible for tax deductions? a. tax credits b. municipal bonds c. donations to charitable organizations d. investment in retirement plans e. income from dividends

Answer

Brief Explanations:

Tax credits are a reduction of tax liability directly and not a deduction from income. Municipal bonds often have tax - exempt interest, donations to charities and retirement plan investments are common tax - deductible items. Dividend income is taxable income and not a tax - deductible item, but tax credits are not related to deductions at all.

Answer:

A. tax credits