48. Could the following item be deductible on an individual schedule A US 1040 for 2023.   A. Personal property tax based on value and charges on an annual bias.    B. Foreign real property tax    C. Direct monetary assistant to an individual in need.

49. A taxpayer received the following items of income during the taxable year 2023: Interest income from BPI - Espana Branch from checking Interest income from BDO - Intramuros Branch from 62,000 Fom 38,500 account savings deposit Interest income from PNB - Quiapo Branch from foreign currency deposit account under the expanded currency deposit system Phone Calle Interest income from dollar deposit on Bank of New Jersey in the United States Interest income from promissory note of Mr. X, Philippines Paccy is Interest income from promissory note of Mr. X, United 612 States Yield from deposit substitute, Philippines Interest from Philippine government securities Interest income from long-term deposits, Philippines ub Interest income from long-term deposits, Egypt Royalties from books, Philippines Royalties from paintings, Philippines Royalties from musical compositions, Japan A. 300, 400 B. 312,900 C. 304,500 D. 362, 900 42,000 ebnuon 000.ce et nunu 000.20 130,000 58,400 Ismon es 62,000…

1. Which of the following must be included in the gross income of the recipient in 2021? a.Unemployment compensation b.Child support payments c.Welfare payments d.Gifts e.All of these choices are included in gross income.   2. All of the following must be included in gross income, except: a.Gambling winnings b.Jury duty fees c.Dividends d.Gifts e.Partnership income   3.  All of the following amounts are excluded from gross income, except: a.Gifts b.Veterans' benefits c.Tips and gratuities d.Child support payments e.Scholarship grants for tuition

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