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What are deductions?
A deduction is any item or expenditure subtracted from gross income to reduce the amount of income subject to income tax.
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Asked 8/20/2011 9:06:12 PM
Updated 12/8/2018 11:49:53 AM
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Edited by yumdrea [12/8/2018 11:49:44 AM]
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A deduction is any item or expenditure subtracted from gross income to reduce the amount of income subject to income tax.

Added 12/8/2018 11:49:53 AM
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