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    Federal Taxation
  4. Exam
    Exam 10: Deductions and Losses: Certain Itemized Deductions
  5. Question
    Any Personal Expenditures Not Specifically Allowed as Itemized Deductions by the Tax
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Any Personal Expenditures Not Specifically Allowed as Itemized Deductions by the Tax

Question 40

Question 40

True/False

Any personal expenditures not specifically allowed as itemized deductions by the tax law are nondeductible (unless they are deductible in arriving at AGI).

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