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Deductions are used to lower the income on which you are taxed, and you benefit by owing less tax, and that is reflected in your refund. You do not, however, receive the amount of a deduction reflected dollar for dollar in your refund.
Deductions are used to lower the income on which you are taxed, and you benefit by owing less tax, and that is reflected in your refund. You do not, however, receive the amount of a deduction reflected dollar for dollar in your refund.
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