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    Principles of Taxation
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    Exam 14: The Individual Tax Formula
  5. Question
    In Computing Taxable Income,an Individual Is Allowed to Deduct the Lesser
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In Computing Taxable Income,an Individual Is Allowed to Deduct the Lesser

Question 57

Question 57

True/False

In computing taxable income,an individual is allowed to deduct the lesser of itemized deductions or the standard deduction.

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