Question: Please explain what is meant by an itemized deduction and for that matter also explain what a non-itemized deduction is. Are there limitations on these
Please explain what is meant by an "itemized deduction" and for that matter also explain what a "non-itemized deduction" is. Are there limitations on these deductions? Why did Congress try to raise the Standard Deductions that everyone gets and make it more difficult to itemize?
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