Reduction of Itemized Deductions and Exemptions

  • Creator
    Topic
  • #157908
    MJP
    Participant

    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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