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  3. Study Set
    Individual Taxation
  4. Exam
    Exam 7: Overview of Deductions and Losses
  5. Question
    T's Itemized Deductions for the Current Year Are $14,000
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T's Itemized Deductions for the Current Year Are $14,000

Question 9

Question 9

True/False

T's itemized deductions for the current year are $14,000.Assuming the standard deduction is $5,000, T may deduct no more than $9,000 of her itemized deductions.

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