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Which of the following statements regarding for AGI tax deductions is true? Which of the following statements regarding for AGI tax deductions is true? A

Which of the following statements regarding for AGI tax deductions is true?

A taxpayer may deduct for AGI deductions only if the deductions exceed the taxpayer's itemized deductions.

A taxpayer may deduct for AGI deductions only if the deductions exceed the taxpayer's deductible exemption amounts.

Taxpayers subtract for AGI deductions from gross income to determine AGI.

None of these statements is true.

A taxpayer may deduct for AGI deductions only if the deductions exceed the taxpayer's standard deduction amount.

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