From an Individual tax planning standpoint, ,please describe why a taxpayer may want to avoid income recognition or accelerate or defer deductions? How are these taxpayer planning strategies correlated to AGI for an individual taxpayer? Similarly, from a tax deduction standpoint, what is the difference between an itemized deduction separately listed on Schedule of IRS Form 1040 vs. an itemized deduction allowable as a miscellaneous deduction listed on Schedule A Form 1040