Question: Gloria withdrew $ 1 , 0 0 0 from a one - year, deferred - interest certificate of deposit ( CD ) in the current

Gloria withdrew $1,000 from a one-year, deferred-interest certificate of deposit (CD) in the current tax year. She had to pay a penalty of three months' interest. She may claim the penalty amount as an adjustment to income. (Lesson 17)
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False
Gloria withdrew $ 1 , 0 0 0 from a one - year,

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