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Identify, classify, and briefly describe the major component deductions on the individual tax return- Form 1040. Specifically, and most importantly- the deductions for AGI and

Identify, classify, and briefly describe the major component deductions on the individual tax return- Form 1040. Specifically, and most importantly- the deductions for AGI and deductions from AGI. Use good organization (visually, in particular) in devising your list and showing how each of these two categories (for and from AGI) contribute to arrival at taxable income, and which deductions appear in each category. Be sure to describe each that you include.

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