Reduction of Itemized Deductions and Exemptions

  • This topic has 0 replies, 1 voice, and was last updated 15 years ago by MJP.
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    MJP
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    My books says that only one-third of applicable reduction will apply in reducing Itemized Deduction and Exemption for years 2008 and 2009 if in case they exceed the threshold. Does that still apply as to date?

    BEC - 85 | AUD - 92 | FAR - 95 | REG - 87

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