From AGI deductions are generally more valuable to taxpayers than for AGI deductions.

Question

Quizplus · Accepted Answer

For AGI deductions reduce both adjusted gross income (AGI) and taxable income, potentially lowering the taxpayer's tax bracket, while from AGI deductions (itemized or standard deductions) only reduce taxable income. For AGI deductions can also affect eligibility for various tax credits and benefits, which are often phased out at higher AGIs.

From AGI Deductions Are Generally More Valuable to Taxpayers Than