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 SCHEDULE 2 ITEMIZED DEDUCTIONS FORM 1040ME for Form 1040ME 2021

Maine Tax S 2021-2025 Form

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hello and welcome to this session in which we will discuss itemized deductions that goes on schedule a and specifically we're going to be focusing on the taxes if you optimize deductions or deductions from adjusted gross income what does that mean it means on your form 1040 on your tax return there is a line called adjusted gross income and those deduction comes after your adjusted gross income not before not for Ati from HEI itemized deductions include non-trade business expenses they're usually personal in nature they could include employee some expenses you incur as an employee or an or as investment expenses in this deduction they only make sense or they are only useful that makes sense they are only useful if they are greater than your standard deduction so if you're itemized deduction ID is greater than your standard deduction then they are useful then you can benefit from them why because this deduction is given by the government and it's given ev

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