EPISODE · Feb 23, 2021 · 12 MIN
Things taxpayers should know when choosing between standard and itemized deductions
from Tax & Current Accounting Topics
COVID Tax Tip Things taxpayers should know when choosing between standard and itemized deductions https://www.irs.gov/newsroom/things-t https://accountinginstruction.info/ Deductions reduce the amount of taxable income when filing a federal income tax return. In other words, they can reduce the amount of tax someone owes.
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Things taxpayers should know when choosing between standard and itemized deductions
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