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Question 1 (4 points) IRA contributions are deductible as itemized deductions. a) True b) False Question 2 (4 points) The tax rates apply to

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Question 1 (4 points) IRA contributions are deductible as itemized deductions. a) True b) False Question 2 (4 points) The tax rates apply to a taxpayer's taxable income to compute the taxpayer's tax for the year. a) True b) False

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