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2017 Estimated Tax Worksheet, Line 6a Phaseout of Itemized / Standard Deductions Worksheet 36 M.R.S. 5124B(3) and 5125(6)TAXPAYER NAME: SSN: You must use this Worksheet to calculate the reduction

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What is 17item stand ded phaseout?

17item stand ded phaseout refers to the gradual reduction or elimination of a specific tax deduction over time.

Who is required to file 17item stand ded phaseout?

Taxpayers who previously claimed the specific deduction that is being phased out are required to report the reduction or elimination of the deduction on their tax returns.

How to fill out 17item stand ded phaseout?

Taxpayers must carefully review the tax forms and instructions provided by the IRS to accurately report the phaseout of the specific deduction.

What is the purpose of 17item stand ded phaseout?

The purpose of 17item stand ded phaseout is to gradually reduce the tax benefits associated with a specific deduction and eventually eliminate it.

What information must be reported on 17item stand ded phaseout?

Taxpayers must report the amount of the deduction that is being phased out, any relevant calculations, and any other required information requested by the IRS.

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