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    Individual Taxation
  4. Exam
    Exam 3: Taxable Entities, Tax Formula, Introduction to Property Transactions
  5. Question
    V Is Single for Tax Purposes, Has Itemized Deductions Totaling
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V Is Single for Tax Purposes, Has Itemized Deductions Totaling

Question 56

Question 56

True/False

V is single for tax purposes, has itemized deductions totaling $5,600 and is entitled to one $3,800 exemption deduction for 2012.V should itemize her deductions in 2012.

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