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9. Gross Income Test Explain the gross income test for the dependency deduction. 10. Itemized Deductions When would a taxpayer itemize his or her deductions? 11. Itemized Deductions What itemized deductions must exceed a basic minimum (floor) before the taxpayer’s taxable income is reduced for the excess amounts expended? 12. Qualified Residence Interest What is qualified residence interest?
4 Solutions Manual for Taxation for Decision Makers13. Charitable Contribution Limit What is the overall charitable contribution deduction limitation?