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    Business
  3. Study Set
    Federal Taxation
  4. Exam
    Exam 30: Special Tax Computation Methods, tax Credits, and Payment of Tax
  5. Question
    The Itemized Deduction Phase-Out,which Has the Effect of Increasing Regular
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The Itemized Deduction Phase-Out,which Has the Effect of Increasing Regular

Question 58

Question 58

True/False

The itemized deduction phase-out,which has the effect of increasing regular taxable income for high income taxpayers,will also raise AMTI.

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