The benefits of many deductions, credits, or other benefits are limited to taxpayers with Adjusted Gross Income below certain limits.

a.

Select statements from the below that explains how the limitation process works.

	Taxpayers with AGI less than certain specified amounts are prohibited from utilizing the full amount of many deductions, credits, or other tax benefits.
	Taxpayers with AGI in excess of certain specified amounts can utilize the full amount of many deductions, credits, or other tax benefits.
	Taxpayers with AGI less than certain specified amounts can utilize the full amount of many deductions, credits, or other tax benefits.
	Taxpayers with AGI in excess of certain specified amounts can fully utilize deductions, but not credits, or other tax benefits.