Mill3 of 22 Concepts completedMultiple Select QuestionSelect all that applyWhich of the following choices describe tax deductions? More than one answer may be correct.Tax deductions, like income, follow the all-inclusive concept.Tax deductions reduce an individual's tax ilability dollar for dollar.Tax deductions are a matter of legislative grace.Taxpayers are NOT allowed to deduct anything unless a specific tax provision allows them to do so.Need help? Review these concept resources.Read About the Concept