The general structure of the capital gains tax system, which applies to stock sales and other appreciated assets sales, it is not …
Mortgage Interest, Charitable Contributions, and Medical Expense
These three deductions are still remaining, but there have been slight modification made to each. * The mortgage interest …
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Itemizing Deductions May Not Benefit Taxpayers Anymore
After analyzing the itemize deductions, it appears that many taxpayers will be using the standard deduction of $24,000, even those …
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Standard Deduction and Personal Exemption
We have been told of a tax cut, and the higher standard deduction which will falls more under the category of a simplification. …
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