All of the following are deductions from taxable income EXCEPT ________
A) financial payments to a tax-deferred retirement plan
B) financial payments to charity
C) financial payments for personal clothing
D) financial payments for interest on mortgages
E) financial payments for medical expenses
C
Explanation: C) Deductions from taxable income include interest paid on mortgages, contributions to a tax-deferred retirement plan, contributions to charity, and a certain amount of medical expenses, to name a few.
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