How might an improper classification of a deduction as for or from AGI affect the itemized deductions

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How might an improper classification of a deduction as for or from AGI affect the itemized deductions on a taxpayer's return?

How might this improper classification have an effect on a taxpayer's state income tax liability?

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CCH Federal Taxation Basic Principles 2020

ISBN: 9780808051787

2020 Edition

Authors: Ephraim P. Smith, Philip J. Harmelink, James R. Hasselback

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Question Posted: Feb 18, 2024 05:34 AM

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How might an improper classification of a deduction as for or from AGI affect the itemized deductions

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An improper classification of a deduction as either for or from Adjusted Gross Income AGI could significantly impact the available itemized deductions ...View the full answer

CCH Federal Taxation Basic Principles 2020

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