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Which of the Following Are True

Question 33

Multiple Choice

Which of the following are true?


A) Deductions are subtracted from gross income to arrive at AGI
B) Exemptions are subtracted from gross income to arrive at AGI
C) Deductions are subtracted from AGI to arrive at taxable income
D) Exemptions are subtracted from AGI to arrive at taxable income
E) Both C and D

Correct Answer:

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