Review Form 1040 – Schedule A. Take a look at the available itemized tax deduction on the form. Compare the deductions that you actually take with the deductions that you would like to take.Explain why you made the particular selections.For the deductions that you would like to take, explain why you are not able to take the deductions.For the deductions that you actually take, explain the benefits that you receive from the deductions.If you have never prepared a tax return or looked at this information before, what do you find most significant about what you see on Schedule A (and the purpose of the schedule)?
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