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Itemized Deductions Schedule-A


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Old 07-28-2010, 01:50 PM
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What are the limits on itemized deductions for 2009?

For the tax year 2009, if the taxpayers adjusted gross income is greater than $166,800 for Married Filing Joint taxpayers($83,400 for Married Filing Separately), then these taxpayers may have to reduce the amount of some of their itemized deductions such as their mortgage interest deduction on their primary home!

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