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Author Question: A single taxpayer has adjusted gross income of $325,000 and has total itemized deductions in various ... (Read 70 times)

LCritchfi

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Question 1

A single individual with no dependents can deduct the larger of his itemized deductions or his personal exemption.
◦ true
◦ false

Question 2

A single taxpayer has adjusted gross income of $325,000 and has total itemized deductions in various categories totaling $20,000. The taxpayer discovers some additional deductions for AGI. The extra deductions will not affect his itemized deductions.
◦ true
◦ false


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Marked as best answer by LCritchfi on Sep 13, 2020

leannegxo

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LCritchfi

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Reply 2 on: Sep 13, 2020
Great answer, keep it coming :)


Chelseyj.hasty

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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