Question: There are many itemized deductions, as we learned in the earlier weeks of this class. Chapter 1 0 goes more in depth on some of
There are many itemized deductions, as we learned in the earlier weeks of this class. Chapter goes more in depth on some of those itemized deductions, specifically focusing on medical expenses, taxes, interest and contributions. What are the differences in these deductions in terms of limitations and phaseouts? Why do these deductions have limitations and phaseouts?
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