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QUESTION
Taxpayers are allowed to take the larger of their itemized deductions or the standard deduction. True or false?
Taxpayers are allowed to take the larger of their itemized deductions or the standard deduction. True or false?
AnswerTaxpayers are allowed to take the larger of their itemized deductions or thestandard deduction. True or falseAnswer True.Taxpayers are allowed to deduct from gross total income itemized...