Select the correct answer.

mr. and mrs. khan paid interest on their mortgage this year. they also had deductible home-related expenses. the interest and expenses total an amount greater than the standard deduction. which action can they take to reduce their income tax liability?

a.
they can use the interest expense as a credit to reduce the tax they owe.
b.
they can itemize deductions and deduct the interest expense.
c.
they can request a reimbursement of the interest expense from the irs.
d.
they can add the interest expense to their taxable income.
e.
they can reduce their mortgage payment next year by the amount of interest they paid.

muslims control the north africa during the period of 1500 up

to 1800. they made a barrier to prevent further european exploration from

entering the africa from the north. however, the dutch ware still able to move

toward the interior with having south africa as one of the routes leading to

the east for trading with asia.

turnover

the amount of money taken by a business in a particular period.

match the scenarios with terms related to financial aid.

pell grant

student loan

merit-based scholarship

richard is one of the leading college basketball players in the state of florida. he also maintains a good academic record. looking at his talent and potential, furman university offers to bear the expenses for his college education.

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anita wants to pursue a certificate program in sports nutrition. to pay for the course, she borrows money by filing the fafsa.

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nathan comes from a low-income household. he wants to pursue an undergraduate degree in marketing. he receives financial aid covering 50 percent of his college expenses. nathan does not have to pay back this amount.

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