Question: 1. Taxpayers always receive an above-the-line deduction when they contribute to a Traditional IRA. True False 2. Which of the following is an above-the-line deduction:
1. Taxpayers always receive an above-the-line deduction when they contribute to a Traditional IRA.
True
False
2. Which of the following is an above-the-line deduction:
Charitable Donations
Mortgage Interest
Self-Employed Health Insurance Premiums
Real Estate Taxes
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