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Some deductions are before the adjusted gross income (AGI) [referred to by tax professionals as dfors] and other deductions appear after the AGI (referred to
Some deductions are before the adjusted gross income (AGI) [referred to by tax professionals as dfors] and other deductions appear after the AGI (referred to by tax professionals as dfroms).
- Discuss how Congress determines the deductions that go before adjusted gross income.
- Why is AGI significant in the determination of tax liability?
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