Question: Is this statement correct concerning above - the - line and / or below - the - line deductions for tax year 2 0 2

Is this statement correct concerning above-the-line and/or below-the-line deductions for tax year 2023?
Is this a correct option?
An above-the-line deduction is one that exceeds the \(\$ 100,000\) threshold.
(1) This question may have more than one sub-question, which will be delivered one at a time on confirmation of your answer.
Is this statement correct concerning above - the

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