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Tag Archives: AGIs

Bunching

Now’s the time to start thinking about “bunching” — miscellaneous itemized deductions, that is

By Legacy Protection, LLP |

Many expenses that may qualify as miscellaneous itemized deductions are deductible only to the extent they exceed, in aggregate, 2% of your adjusted gross income (AGI). Bunching these expenses into a single year may allow you to exceed this “floor.” So now is a good time to add up your potential deductions to date… Read More »

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