kris1
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Posts posted by kris1
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Recently I have read one article where saying , you must decide whether to itemize deductions or to use the standard deduction. The standard deduction is a dollar amount that reduces the amount of income on which you are taxed. You should itemize deductions if your allowable itemized deductions are greater than your standard deduction. Some taxpayers must itemize deductions because they cannot use the standard deduction.Generally, you must decide whether to itemize deductions or to use the standard deduction.
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Sounds good!
Walmart Stock
in General Chat
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Yes, company contribution amount would be part of the cost basis if amount was included in the client's w-2 as a taxable fringe.