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Under the Federal income tax formula for individuals, the determination of adjusted gross income (AGI) precedes that of taxable income (TI).True False Because they appear

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Under the Federal income tax formula for individuals, the determination of adjusted gross income (AGI) precedes that of taxable income (TI).True False Because they appear on page 1 of Form 1040, itemized deductions are also referred to as "page 1 deductions." True False A decrease in a taxpayer's AGI could increase the amount of medical expenses that can be deducted. True False An increase in a taxpayer's AGI could decrease the amount of charitable contribution that can be claimed. True False Adjusted gross income (AGI) appears at the bottom of page 1 and at the top of page 2 of Form 1040. True False

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