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02-07-2024
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Question 4 of 10

Which of the following is an adjustment allowed by the IRS?

A. Dental expenses
B. Medical expenses
C. Work expenses
D. IRA contributions

Answer :

GinnyAnswer GinnyAnswer

02-07-2024

Final answer:

IRA contributions are allowed as an adjustment by the IRS for tax purposes.

Explanation:

IRA contributions is an adjustment allowed by the IRS. Individuals can contribute to an Individual Retirement Account (IRA) and deduct their contributions from their taxable income, reducing the amount of income subject to taxation.

Learn more about Tax deductions here:

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