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Financial Planning / Tax Strategies


Subject:  Re: 'Pros' making simple mistakes Date:  4/16/2009  3:21 PM
Author:  rosewine Number:  105792 of 127613

Check it carefully. In this state, any state income taxes included in the Federal Schedule A are a deduction on the state Schedule A. In my case, and that of many of my tax clients, I take standard deduction on federal because it's higher, but itemize on state because it is higher than the state's standard deduction.
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