Question: Which statements are true concerning itemized deductions? ( Choose all that apply ) a . Itemized deductions are included in the tax formula before AGI.

Which statements are true concerning itemized deductions? (Choose all that apply)
a. Itemized deductions are included in the tax formula before AGI.
b. Itemized deductions may be subject to phase-out and threshold limitations.
c. Itemized deductions are based on filing status.
d. Itemized deductions are only beneficial if in total they exceed the standard deduction.

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