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A. The only from AGI deductions are the standard deduction and itemized deductions (True or False) B. For married taxpayers filing separate, excess business losses

A. The only from AGI deductions are the standard deduction and itemized deductions (True or False)

B. For married taxpayers filing separate, excess business losses are defined as aggregate business deductions over the sum of aggregate business gross income or gain of the taxpayer plus $250,000. (True or False)

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