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    Principles of Taxation
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    Exam 14: The Individual Tax Formula
  5. Question
    An Itemized Deduction Doesn't Result in Any Tax Savings in a Year
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An Itemized Deduction Doesn't Result in Any Tax Savings in a Year

Question 63

Question 63

True/False

An itemized deduction doesn't result in any tax savings in a year in which an individual taxpayer takes the standard deduction.

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