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COVID Tax Tip Things taxpayers should know when choosing between standard and itemized deductions
https://www.irs.gov/newsroom/things-t
https://accountinginstruction.info/
Deductions reduce the amount of taxable income when filing a federal income tax return. In other words, they can reduce the amount of tax someone owes.
By Robert (Bob) SteeleCOVID Tax Tip Things taxpayers should know when choosing between standard and itemized deductions
https://www.irs.gov/newsroom/things-t
https://accountinginstruction.info/
Deductions reduce the amount of taxable income when filing a federal income tax return. In other words, they can reduce the amount of tax someone owes.