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Question
taxes for the year. he spoke about keeping track of certain financial transactions for tax purposes.
which of the following expenses would help you lower your tax bill?
payment of your rent
payment of your cell phone bill
your charitable contribution to an animal shelter
purchase of a new laptop for personal use
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Charitable contributions to qualified organizations (like an animal shelter) are often tax - deductible. Rent payment, cell phone bill (unless for business use not indicated here), and personal laptop purchase are generally not tax - deductible for lowering an individual's general tax bill.
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Your charitable contribution to an animal shelter