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investopedia.com
Understanding Tax Deductions: Itemized vs. Standard Deduction
A tax deduction reduces your taxable income and how much tax you owe. You can itemize your deductions or take a fixed amount with the standard deduction.
8 months ago
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4K views · 54 reactions | The jobs eligible for a tax deduction under the "no tax on tips" policy in President Donald Trump's "big, beautiful" legislation include workers in food service, hospitality, delivery and more. NewsNation’s Marcus Espinoza has the report on “Morning in America.” #Politics #Taxes #Tips | NewsNation | Facebook
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