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Get your taxes done using TurboTax
Itemized deductions do not reduce tax dollar-for-dollar, it only reduces taxable income. See your 1040 form lines 10c & 11 and the tax on line 16.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
ā€ˇFebruary 22, 2021
7:36 PM