Why are some deductions called above the line deductions and others called below the line deductions? What

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Why are some deductions called “above the line”

deductions and others called “below the line”

deductions? What is the “line”?

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Taxation Of Individuals And Business Entities 2020

ISBN: 9781259969614

11th Edition

Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver

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Question Posted: Jul 20, 2024 05:01 AM

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Why are some deductions called above the line deductions and others called below the line deductions? What

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Taxation Of Individuals And Business Entities 2020

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