While checking the computations on his Form 1040, Mr. Gordon realized he had misclassified a $10,800 expense

Question:

While checking the computations on his Form 1040, Mr. Gordon realized he had misclassified a $10,800 expense as a business deduction on Schedule C. The expense should have been an itemized deduction on Schedule A. Mr. Gordon didn’t correct the error because he assumed the correction wouldn’t affect taxable income. Is this assumption correct?

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